Thanks to Trump's Tweet AK Steel Is Breaking Out

Steel stocks are rallying following an after-hours tweet from President Donald Trump on Friday night. The tweet is a followup to a speech in Ohio last Wednesday, when the president promised anti-dumping measures from foreign steelmakers.

Trump told the crowd, "wait till you see what I'm going to do for steel and for your steel companies." AK Steel (AKS) - Get Report is breaking higher on the tweet, ending a downtrend that's been in force since January. That's giving investors a buy signal to start this week.

Read Full Article:AK Steel Is Breaking Out Thanks to Trump's After-Hours Tweet

This article was written by a staff member of TheStreet.