United States Steel Corporation X

$X why can’t that bafoon Powell wake up early like the rest of us and spew his verbal diarrhea in the pre-market so the markets can do what they will anyways and move on (crash or zoom)?

Steel price in China starts to rebound. Party starts tomorrow.

Right now, few things to be considered. 1. Steel price in China crashed as well as the iron ore. However, I think it won’t take too long to rebound. 2. Infrastructure bill, I think it would be passed by Friday. Democrats are being pushed by their donors as well. 3. X is way undervalued. How high can it go? I would say $33-$39. Overall, I think if the steel price in China stop crashing, X will have a good chance to hit 30+. Otherwise, it will retreat to $22-$24. The price right here has a reason. Let’s see how this play out.

After robust earnings, X has 50,000 tons of excess steel. It taken by an auto manufacturer (probably GM).

After robust earnings, X has 50,000 tons of excess steel. It taken by an auto manufacturer (probably GM).

$X pumping shortly. Will close above $27 today. Scalp this one today or go long. We will take out the current 52wk high within 2 weeks before the next dip. November is historically a great month for all stocks anyways.
GL

$X inflation is good for commodity prices and the overall stock market for that matter. Higher interest rates are bad for tech but good for commodities as well.
Only thing that will derail the run up will be the global governments getting together again to cause more hysteria and crash markets globally. Trade with caution as there is more devastation to our savings, investments and freedoms coming sooner than we may think.

Buy X if there are unusual dips

The impact on steel prices in the US will drop as the tariffs are reduced for import thereby reversing trump’s imposed tax on steel imports from EU!

Analyst are all taking a sick day and not reporting their stupidity