Hedge funds offer valuable insights for retail investors. ETFs based on bullish sectors such as autos, homebuilding, mining and AI can capitalize on these themes.
Trump's first day in office saw executive orders on immigration and energy, withdrawal from global agreements, and tariff threats. Market reactions varied.
Cleveland-Cliffs CEO Lourenco Goncalves' comments about Japan’s trade practices and U.S. Steel’s sale to Nippon have drawn investor scrutiny on Stocktwits.
Maganomics is Trump's economic plan to boost domestic manufacturing, attracting investors and causing divided opinions. ETFs heavy in manufacturing may benefit.
Alcoa reports Q3 results, missing sales consensus, alumina production down and aluminum production up sequentially. Adjusted EBITDA and EPS exceed consensus, declares dividend, maintains 2024 outlook, plans strategic cooperation agreement for San Ciprián facilities.
I have 33% of my account in cash reserves, and I won’t deploy it until Thursday morning, once the FOMC insanity is done. In the meanwhile, here are my eight bearish positions in my secondary account:
Fed Chair Jerome Powell's comments on rate cuts spark a market rally and drop in the dollar. Small caps outperformed, real estate and interest-rate sensitive industries saw gains.
Minutes from the July Federal Open Market Committee (FOMC) meeting have further solidified investors’ expectations for a rate cut at the upcoming September meeting, as policymakers highlighted continued progress in disinflation.
The bears are just about done. It’s quite clear that the selling we saw earlier this month is a freak occurrence, and 95% of the time, the market will simply get more overvalued.
On Friday evening, I went through my list of key ETFs, and I found eight that seemed strong and eight that seemed vulnerable to weakness. Here are the vulnerable-looking ones, in alphabetical order of their symbols.
I’ve shared this chart many times, and it’s working great. It is the XME/GDX ratio, which has suggested that, over the long haul, being long GDX and short XME would be a great pairs trade. So far, so good, and plenty more to come!
Nucor beat earnings and revenue estimates, however, revenue fell 15% from the previous year. Declining steel prices will hurt the firm in the short term.
Cleveland-Cliffs to acquire Stelco Holdings Inc. for CAD70/share, valuing Stelco at 4.8x LTM Adjusted EBITDA. Deal expected to boost EPS and expand Cliffs' steelmaking footprint in North America.
Commercial Metals reported third-quarter results with net sales of $2.078 billion. Europe Steel Group saw improved performance. Available liquidity at $1.5 billion. Quarterly dividend of $0.18 announced. Expecting consistent results in Q4.
In this technical blog, we’re going to take a quick look at the Elliott Wave charts of XME ETF. XME is showing impulsive bullish sequences and we have been favoring the long side of the ETF.
