|Day Low/High||64.51 / 67.75|
|52 Wk Low/High||30.26 / 74.37|
What's most important about this market is understanding which themes are driving the action.
Nothing presents the contrast better than reports last night from U.S. Steel and Herman Miller.
These names are showing signs of either bullish or bearish reversal patterns.
Nucor faces a challenge in developing the necessary production capacity to make high quality automobile sheet metal, according to an industry analyst.
With uncertainty in the front view mirror, odds are Nucor shares will continue to move within a trading range until we have some clarity on tariffs.
Market reactions have ranged anywhere from lackluster to outright negative. What gives?
The Nasdaq wasn't able to hold on to gains from earlier in the session.
Although equity index futures are lower, this whole thing has been taken in stride. For now.
The economy and the rising dollar combine to support a rally in steel stocks.
Steel Dynamics is worth watching as it reports earnings.
Bearish names dominate this week and financials in particular.
Shares have a possible long-term price target of $49 or higher.
I've got my eye on steel and biotechnology names to put cash to work.
It seems as though the market is programmed to buy news that is supposed to be negative.
I'm underinvested, which isn't good when indices are up.
Materials, financials, cyclicals and health care names tilt the scale to the bullish side.
Shares of the steelmaker heat up after investment bank raises its rating to Outperform.
I am closing this trade now as the profit target has been nicely exceeded.
As steelmakers burn cash and idle mills, these names must be on any list of distressed companies.
Shares are pointed as much as 30% higher in the next few months based on improved technical position.