The Latest Breaking News from STLD

Dow Jones rose as the Nasdaq added to its three-week win streak. Wedbush analysts sees 35% upside to Tesla; Microsoft, Salesforce, Tesla on deck.

S&P 500 giant Vertex and Cheniere Energy, the largest U.S. liquefied natural gas producer, are setting up bullishly in the bear market.

Futures reversed higher. Elon Musk sees an "epic" Q4 after mixed Tesla earnings, but sees some China and European weakness. Tesla stock fell.

Nucor earnings fell short, while Steel Dynamics topped Q3 expectations. Two steel stocks, including STLD, are near buy points, despite lower prices.

Despite the macroeconomic headwinds and lingering recession fears, demand for basic materials is expected to remain high thanks to rising manufacturing and construction activities and the infrastructure bill. While basic material stock Cleveland-Cliffs (CLF) is not well-positioned to capitalize on the industry tailwinds, one could invest in quality players Nucor…

Commodity stocks have been strong this year but sector rotations and a lack of length for trends are making progress tough.

Three steel stocks have formed valid bases and are in or near buy zones. However, views conflict on the steel market.

Fed chief Jerome Powell warned Friday to expect some "pain," and the market rally certainly felt it. Here's what to do now.

Several stocks flashed buy signals as the market rallied heading into Fed chief Powell's speech. Here's what to expect.

Steel Dynamics is Stock Of The Day, as the steel price outlook improves. STLD stock flashed a buy signal. Rivals rallied, but without this.

Market uncertainty is widespread due to the increased odds of a recession amid the persistently high inflation and consecutive interest rate hikes. Moreover, additional rate hikes are likely in the coming months as the Fed tries to tame the multi-decade high inflation. Thus, we think buying dividend stocks Steel Dynamics…