Here are a few companies reporting earnings after the bell today that either have the potential to move the broad market tomorrow and/or might present a potential trading opportunity: AMD (Advance Micro Devices): One of the recent high-flying semiconductor & GPU manufacturers, currently poised to break above or below a [...]
This video starts with analysis on gold, silver, platinum & GDX, followed by coverage of the US stock market (via SPY, QQQ & IWM) various sectors & some of the recent trade ideas posted on Right Side Of The Chart.
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 & [...]
A look at the steel sector including the charts of many individual steel stocks with support, resistance & price target levels.
The X (U.S. Steel Corp) Long-Term Trade has now hit the final target, T4 at 40.50, for a gain of 127% since entry. X is a good example of the difference between the regular Long Trade Ideas and the Long-term Trade Idea. As stated back in the original post on [...]
The X (US Steel Corp) Active Long-term Trade has hit the third target (T3 at 32.25) for an 80.9% gain from entry. (The actual total return is considerably higher as the above average dividend yield has significantly reduced the cost basis on this trade since inception). T3 was hit on [...]
The X (US Steel) Long-Term Trade Idea has now cleared the T2 level while up over 53% from entry. The long-term charts still look constructive although the stock is becoming quite extended (overbought) & as such, the risks of a sudden pullback before T3 is hit are starting to rise. [...]
The X Long-Term Trade Idea, originally entered back on May 3rd at 17.83, has now hit T2 for a 41.6% gain. Consider booking partial or full profits and/or raising stops if holding out for T3 or T4. Updated weekly chart.
One additional price target at current levels (21.04) has been added to the X long-term active trade with the original targets remaining the same for now (but re-sequenced as T2-T4). With this trade up 17.9% from entry while at resistance, consider booking partial or full profits and/or raising stops. X [...]