|Day Low/High||35.41 / 37.73|
|52 Wk Low/High||18.55 / 47.64|
Jim Cramer says we're seeing powerful reminders that there's a better time to sell than in the teeth of a decline. Investors must use discipline to their advantage.
After a cooling off period, X's chart patterns indicate it is ready to fire up a turnaround.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Metals & Mining ETF where we have detected an approximate $103.6 million dollar inflow -- that's a 11.4% increase week over week in outstanding units (from 25,000,230 to 27,850,230). Among the largest underlying components of XME, in trading today Century Aluminum Co.
Stocks dropped on Tuesday.
Donald Trump blocks Broadcom's bid for Qualcomm; U.S. Steel gets tariff bump and raises earnings outlook; Apple buys digital magazine service Texture.
Stock futures posted modest gains as President Trump blocked Broadcom's pursuit of Qualcomm.
U.S. Steel comes out with a full year profit hike, citing President Trump's new steel tariffs.
The U.S. will impose a 25% tariff on steel imports and a 10% tariff on aluminum.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Metals & Mining ETF where we have detected an approximate $53.9 million dollar outflow -- that's a 5.4% decrease week over week (from 26,950,230 to 25,500,230). Among the largest underlying components of XME, in trading today Century Aluminum Co.
The potential for a global trade war is weighing on markets Monday.
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