From Tom DiChristopher:
Category: NYSE:SLX
Assessing The Impact Of Trump’s Tariffs
From Franklin Templeton Investments: Franklin Templeton Multi-Asset Solutions’ Stephen Lingard discusses the implications of a potential trade war and explains why he thinks these tariffs pose threats to the North American auto market in particular.
Can The Historic Bull Market Continue Amid Massive Steel Tariffs? (SLX)
Friday marked the ninth anniversary of the stock bull market, the second longest since World War II following the spectacular run in the 1990s that finally met its match when the tech bubble burst in March 2000.
Will Trump’s Steel and Aluminum Tariffs Be Good Or Bad For America? (SLX)
President Donald Trump’s proposed tariff on imported steel and aluminum, at 25 percent and 10 percent, is much more than a shot across the bow.
Steel ETF Attempting To Break To Multi-Year Highs (SLX)
From Chris Kimble: The chart below looks at Steel ETF (SLX) over the past eight years. SLX has done very well the past couple of years inside of rising channel (1).
Is A Breakout Brewing For The VanEck Steel ETF? (SLX)
From Chris Kimble: In the past few weeks we’ve highlighted some assets and indicators that point to a stable/improving economy: Copper prices, firmer interest rates, etc. Time to add one more to the list: rising steel prices.
Steel ETF (SLX) Rises Sharply Amid Renewed Trump Infrastructure Hopes
The Market Vectors Steel ETF (NYSE:SLX) was on the rise Tuesday morning, as several major steel stocks that comprise the fund’s holdings posted big gains.
Steel Closes Another Week Of Losses, Tactical Bear Market Looms
From Taki Tsaklanos: The steel stock market sector is going through rough waters. The sector ETF, SLX, lost another 3.89% this week. Since it peaked in March of this year, SLX is down a staggering 21 percent.
Steel ETF Slumps Amid Failed Trump Policies
From Zacks: The U.S. Commerce Department increased anti-dumping duties on oil and gas drilling pipes from South Korea on April 11, 2017. Duties were increased to a range of 2.76% to 24.9% from 4% to 6.5%.
The Steel ETF Failed To Break Resistance And Could Face A Major Reversal
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.
Steel ETF Could Be Vulnerable As China’s Housing Bubble Bursts
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.
Despite Huge Price Growth, The Steel ETF (SLX) Isn’t Attracting Much Interest
One cannot mention the Coal industry without talking about Steel, since coal itself is an integral part of the iron and steel making process.
The Steel ETF Is Now Up 150% Over The Past Year
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.
Here’s Why Steel Could Be A Big Winner In The Trump Presidency
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.
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.