Not sure if it's a technical bounce given that I'm not a technician, but take a look at Cliffs Natural Resources CLF and the Metals & Mining ETF XME. Both are running today.
This also echoes my sentiments on keeping an eye on the copper stocks I mentioned earlier (JJC, FCX). Something is awry here.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in