Monday, September 18, 2006
Quick Alert: Metal Stocks Melting Up
Aside from the non-stop fun in the crazy SOX, metal stocks are ripping higher today. Unlike the SOX, the metals have not participated in the recent rally, since Wall Street considers oil and metal one and the same.
The following stocks have mojo:
CLF, TIE, ERS, STLD, NUE, AAUK, ATI, VGZ, SA, GROW and HL.
NOTE: The next level of resistance for the SMH will be $35.50.
The following stocks have mojo:
CLF, TIE, ERS, STLD, NUE, AAUK, ATI, VGZ, SA, GROW and HL.
NOTE: The next level of resistance for the SMH will be $35.50.