Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
U.S. Steel (X) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cleveland-Cliffs Inc. (NYSE:CLF) Q1 2024 Earnings Call Transcript April 23, 2024 Cleveland-Cliffs Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen. My name is Rob, and I am your conference facilitator today. I would like […]
Q1 2024 Cleveland-Cliffs Inc Earnings Call
(Bloomberg) -- Cleveland-Cliffs Inc.’s top executives don’t see any takeover of United States Steel Corp. going ahead without the full support of the United Steelworkers union.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBillionaire Pinaults Fight to Pull Gucci Off the Discoun
Cleveland-Cliffs said President Biden would use the federal government’s regulatory process to block Japan’s Nippon Steel from purchasing U.S. Steel, fulfilling the president’s position that the company should remain domestically owned. Biden said in March that it was vital for U.S. Steel to remain an American-owned and operated company. The United Steelworkers union is opposed to the deal, and the union endorsed Biden’s reelection last month.
(Bloomberg) -- Cleveland-Cliffs Inc.’s top boss says buying back shares make more sense than takeovers — a view that underpins the US steelmaker’s decision to repurchase as much as $1.5 billion in stock.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion fo
United States Steel (X) concluded the recent trading session at $38.59, signifying a -0.9% move from its prior day's close.
Steel stocks have been in focus this week as President Joe Biden has shifted focus to the industry. On April 17, the White House announced plans to enact further tariffs on Chinese-imported steel. In a move intended to safeguard domestic steel and shipbuilding interests from Chinese competitors, Biden is planning to triple the tariffs levied against steel and aluminum imported from China. He recently traveled to Pittsburgh and spoke at the United Steelworkers headquarters, laying out his plans f
Things seemed to be slowing down after interest rates were raised eleven times in the previous 18 months, but according to the most recent data, the inflation rate for the last 12 months as of March is 3.5%, which has many people searching for steel stocks to sell from their portfolio. The logic is straightforward. Steel stocks are closely linked to the overall economy and are part of a very cyclical sector. Because markets were anticipating at least three rate decreases in 2024, the first quart
WASHINGTON (Reuters) -Any national-security review of the deal by for U.S. Steel conducted by the Committee on Foreign Investment in the United States (CFIUS) will proceed as normal, a White House official said on Thursday. President Joe Biden has repeatedly said he opposed the sale of the U.S. industrial firm to Japan's Nippon Steel, leaving some to describe the deal as on life support. "Obviously, there are certain legal processes... you're referring to CFIUS," said White House National Econ...