|Day Low/High||21.32 / 22.13|
|52 Wk Low/High||8.82 / 30.57|
Also, the NFIB Small Business Optimism Index printed at 99.7 for July, still on the strong side, but well below June's print, and well below expectations.
Let's look at Nucor, Cleveland Cliffs, and U.S. Steel.
Are traders and investors confused? Possibly. Was that the intent? No, but I think Jerome Powell is fine with that.
Let's examine three companies that should directly benefit from the potential infrastructure bill.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
Let's talk about cycles and what will occur if the Fed Chair decides inflation isn't transitory and gives up the good fight to keep rates low.
Prices have tripled in about four months, and the rally is probably not over, but here's what could happen next.
The charts of U.S. Steel, Freeport-McMoRan and DuPont suggest that the surge in their shares may have just begun.
Beyond the impacts of the pandemic, the political environment and its impact on potential policy have taken center stage.
This week's pullback is really the second pullback flag we've seen in the past few weeks.
The steelmaker is in an uptrend but I'm not really excited about going long at current levels.
Earnings are coming, and I suggest waiting at this point on the ones that are up, but buying those that are flat to down.
This play is a part of an overall investment approach.
These names are showing both technical and quantitative deterioration.
Investors have shunned certain groups and latched onto others, and the bifurcation has created too many haves vs. have nots in the last few weeks.
In the last two days, the resilience in the market has been narrowing, not expanding, and that makes it hard to love.
This is a market that thrives on growth. Tesla has it in spades.
Consensus estimates that show S&P earnings growing at 9.1% on revenue growth of 5.1% fundamentally ignore the changes happening in the U.S. economy.
The market is seeing a good deal of green across the board in the early going today. It looks like we have a good chance of ending the trading week on a up note. November Personal Income levels came in significantly higher than expected. Steel produ...
Potential triggers in both the daily and weekly charts warrant attention.
Rest up for a busy week that includes earnings from Apple, Facebook and Starbucks.
As we get ready for the market day ahead, here are some items hitting the tape that have caught my attention: U.S. Steel has acquired a 49.9% ownership interest in Big River Steel for about $700 million in cash, with a call option to acquire the re...
I could list dozens of opportunities to buy high-quality stocks that are expensive. In each case it's easy to say what the Bernstein analyst said about Costco.
Nothing presents the contrast better than reports last night from U.S. Steel and Herman Miller.