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Steel Sector Analysis & Trade Ideas (video)

It appears that the steel sector & various individual steel stocks are setting up as potentially lucrative & objective swing trading opportunities. The following video begins with an overview of the steel sector followed by coverage of the following steel stocks: MT, STLD, GGB, X, AKS, WOR, FRD, GSIH & SLX (Steel ETF).

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2018-01-21T20:43:49+00:00 Jan 12, 2017 3:21pm|Categories: Equity Market Analysis, Gold & Commodities, Unofficial Short Ideas|Tags: , , , , , , , , , |3 Comments

3 Comments

  1. Art January 12, 2017 4:17 pm at 4:17 pm

    Nice analysis Randy. I have liked trading X for years, there is usually good option prem with it.

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  2. roguetraderone January 12, 2017 6:47 pm at 6:47 pm

    Thanks for the heads up. I didn’t quite ride down that last short on X like you suggested but it still paid for my annual subscription for many years!

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  3. rsotc January 13, 2017 3:09 pm at 3:09 pm

    @Art @roquetraderone I don’t trade the steel stocks very often but when I do, X is usually one of my favorites as it tend to respond well to the technicals & has a history of some very powerful trends. That stock has produced some very profitable trades for me over the years. G-luck if you take it.

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