I will keep updates from now on as best I can before the market close- 3:50pm est
1/4/17 buy nue at 61.25
NUE close today was right on 12/30/16 high of the red candle, one cent away from closing above that which I would prefer. But there was strong volume today and the materials xlb fund closed with a green candle above last lowest red as well.
NUE coming out of...
Nucor-(Steel).
Nucor-manufactures steel and steel products. Co. also produces direct reduced iron-known as DRI-for use in its steel mills. Through its The David J. Joseph Company subsidiary and its affiliates, Co. also processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron and-DRI. Co.'s primary customers...
I have recently published a series of bullish articles about-XME.
NUE-is one of the components of-XME. The strength of this chart speaks for itself -
It is one of the metals stocks which is contributing to the strength in-XME.
XME-is the-SPDR S&P-Metals and Mining ETF-which offers broad exposure to industrial-and precious metals and mining, with a strong emphasis...
