The Steel ETF Failed To Break Resistance And Could Face A Major Reversal

Image of construction steel rebar
From Taki Tsaklanos: Steel stocks has a big down day on Thursday, with the SLX ETF, representing steel stocks, losing almost 4% of its value -- and the losses are continuing this morning as well.
NYSE:SLX February 24, 2017 9:10am

Steel ETF Could Be Vulnerable As China’s Housing Bubble Bursts

steel-bars
From Tyler Durden: After several months of slowing price growth across China's bubbly housing market, if mostly in the lower-tiered cities, last month we reported that China's National Bureau of Statistics confirmed that the latest Chinese housing bubble has finally popped.
NYSE:SLX February 23, 2017 7:05am

Despite Huge Price Growth, The Steel ETF (SLX) Isn’t Attracting Much Interest

steel-bars
One cannot mention the Coal industry without talking about Steel, since coal itself is an integral part of the iron and steel making process.
NYSE:SLX February 17, 2017 12:37pm

The Steel ETF Is Now Up 150% Over The Past Year

steel-bars
From Taki Tsaklanos: Monday was another positive day for stock markets, with most indexes gaining around 0.50%. One of the drivers in the stock market are steel stocks. While they have substantial momentum, the question at the top of the minds of investors is whether this will continue.
NYSE:SLX February 14, 2017 6:25am

Here’s Why Steel Could Be A Big Winner In The Trump Presidency

Image of construction steel rebar
Election night was one of the wildest rides that investors have had since the Brexit vote back in June. The stunning decline in the Dow futures contracts on election night was topped only by the astonishing reversal it staged afterwards.
NYSE:SLX November 14, 2016 10:52am

Citigroup Just Got Bullish on the Red-Hot Steel Sector

The Market Vectors Steel ETF (NYSE:SLX) could soon see some increased inflows, as analysts at Citigroup have initiated coverage on the steel sector with a positive outlook.
NYSE:SLX August 23, 2016 8:51am

Why Commodities Are Selling Off (And What It Means For Demand)

investTyler Durden:  Every market participant has pondered the shenanigans occurring in many commodities in recent weeks as Iron ore, Rebar, Copper, and Steel prices have all gone parabolic. 
NYSE:SLX April 21, 2016 2:02pm

Why Infrastructure Could Be The Next Big Investment Opportunity [United States Steel Corporation]

infrastructureHave you ever driven up I-95 on a weekend?  Tried living in Los Angeles without a car?  Taken a train directly to JFK airport?  Oh, wait—you couldn’t even do that last one, because it doesn’t exist.  Infrastructure in the U.S. is dismal
NYSE:SLX September 11, 2014 11:29am

Watching The Steel ETF For A Low-Risk Buy Entry [Market Vectors Steel (ETF)(NYSEARCA:SLX)]

sellbuyMorpheus Trading: After a strong surge off the lows of 2013, Steel ETF (NYSEARCA:SLX) stalled around $50 and has since formed a bullish consolidation above the rising 10-month moving average, with volume declining the past few weeks:
NYSE:SLX June 10, 2014 1:26pm

How You Can Play Steel’s Next Move

steel: After a six-month rally in steel prices, the metal pulled back a bit in recent days. Some analysts say the run in steel is done. I say you should buy the dip, because there are some excellent opportunities to
NYSE:SLX January 13, 2014 11:47am

Four Of My Main Short-Term Trading Principles From A Technical Standpoint

fourpillars: At the beginning of every year (and often at the beginning of each quarter) I like to write out the many investment principles that guide me. I rewrite them because there may be new principles to add or changes to
NYSE:GDX January 10, 2014 5:01pm

Things Are Looking Up For The Steel ETF

steelAcross the materials space, investors have seen solid trading in a number of names. This has been particularly the case in the steel industry, as this segment has surged as of late thanks
NYSE:SLX November 5, 2013 10:39pm

Behind The Recent Surge In The Steel ETF

steelThe U.S. equity market continues its uptrend on the back of signs of recovery in the global economy. Now commodities are also showing a comeback after a steep fall earlier this year, and have caught investor attention in the past few weeks.
NYSE:SLX August 27, 2013 4:10pm

The Best Way To Play The Steel Sector

steel-beamLingering Euro-zone sovereign debt crisis, economic stagnation or slow growth in developed economies and a cooling of emerging market economies has taken a toll on the steel industry. Moreover, the Chinese economy—which had been one
NYSE:SLX July 24, 2013 3:32pm

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