Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
The prospect of new trade restrictions has heightened concerns about inflation and potential trade wars, fueling demand for gold, traditionally seen as a hedge against economic and geopolitical instability.
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.
On an adjusted basis, the company reported $53.7 million, or $3.20 per share, for the three months ended Dec. 31, compared with the average analysts’ expectation of $1.64 per share.
Energy transition reshaping mining industry, demand for critical minerals to triple by 2030 and quadruple by 2040. Copper remains key for clean energy, while nickel faces oversupply issues. Zinc and rare earth elements also in focus due to supply chain diversification efforts.
Cleveland-Cliffs reported preliminary 2024 results with a decrease in steel shipments and revenues, and plans to offer $750 million in Senior Guaranteed Notes.
Hedge funds offer valuable insights for retail investors. ETFs based on bullish sectors such as autos, homebuilding, mining and AI can capitalize on these themes.
Trump's first day in office saw executive orders on immigration and energy, withdrawal from global agreements, and tariff threats. Market reactions varied.
Cleveland-Cliffs CEO Lourenco Goncalves' comments about Japan’s trade practices and U.S. Steel’s sale to Nippon have drawn investor scrutiny on Stocktwits.
Maganomics is Trump's economic plan to boost domestic manufacturing, attracting investors and causing divided opinions. ETFs heavy in manufacturing may benefit.
Alcoa reports Q3 results, missing sales consensus, alumina production down and aluminum production up sequentially. Adjusted EBITDA and EPS exceed consensus, declares dividend, maintains 2024 outlook, plans strategic cooperation agreement for San Ciprián facilities.
I have 33% of my account in cash reserves, and I won’t deploy it until Thursday morning, once the FOMC insanity is done. In the meanwhile, here are my eight bearish positions in my secondary account:
Fed Chair Jerome Powell's comments on rate cuts spark a market rally and drop in the dollar. Small caps outperformed, real estate and interest-rate sensitive industries saw gains.
Minutes from the July Federal Open Market Committee (FOMC) meeting have further solidified investors’ expectations for a rate cut at the upcoming September meeting, as policymakers highlighted continued progress in disinflation.
The bears are just about done. It’s quite clear that the selling we saw earlier this month is a freak occurrence, and 95% of the time, the market will simply get more overvalued.
