Not only that but US macro data is better and I'm thinking earnings will be stellar.. Should see mid 7's soon
Hope not but can't disagree w u (I'm hedged short the Dow n long gold for such an event
How on earth the "analysts" predicting $40 ton beyond me especially when majors fired old Mgmt for wrong strategy (volume over price) ... Even opec finally woke up and for them to agree on anything is a milestone
Agree sounds like the "balance" means they r ok at io pricing mid 50's
Let's not forget new home sales data just came out beat expectations (use lots of steel
Maybe earnings release day but I may be wrong but I'm expecting a run before that and maybe a sell the news event (unless it's a blowout
Not sound negative but trade has been cover (now) than re short after earnings.. Not sure how that pattern breaks maybe actual world growth and inflation (good luck w that)
Not smart being short before Q earnings.. Good sales, stronger margins, apio adding to ebitda, better balance sheet, sp down 35% in past mo, possible coal earn out surprise...