Why Steel ETF Has Bottomed After Lagging For So Long
Robust gains in Steel Dynamics (STLD) and Cliffs Natural Resources (CLF) pushed the global steel makers ETF ahead of the stock market Tuesday. After severely underperforming the market for the past four years, many of the ETF's underlying holdings have formed bullish, cup-with-handle patterns. This suggests they may be forming a bottom and have started to recover from historically low demand. In afternoon trade, Market Vectors Steel ETF (SLX) was
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here