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Steel, Coal and Ag Plays Turning Over
The hottest segments of the market over the last quarter have been commodity related names, specially coal stocks, steel stocks and agricultural names. Stocks like US Steel (X) had gone from under $100 just earlier this year to over $190 – until this week when all these hot stocks have turned over. Potash (POT),... »
US Steel is a Steal
US Steel (X) is sitting at its 200 day moving average. The stock is off over 20% from its summer highs, but this is not indicative of their business. Demand for steel has never been greater and the company has its own iron ore production – which means it does not have to outsource... »
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