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Stock Market & Financial Investment News

News Breaks
December 14, 2012
14:03 EDTXU.S. Steel breaks out above resistance, new bullish pattern active
The shares are up over 6.3%, breaking out above resistance. Strength today has been attributed to takeover rumors that are unconfirmed. On a technical basis, there is a new bullish price pattern, a bullish symmetrical triangle, that is now active and best visible on a weekly chart. If this pattern remains active and completes, upside could be to the $29 to $30 area over time. This is an area of some resistance from earlier this year. Support is at $23.55.
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July 30, 2014
09:51 EDTXU.S. Steel breaks out following results, levels to watch
The company reported much stronger than expected results after market close Tuesday, and the shares have broken out and are trading up over 14.5% to $31.73. At that price the shares are above the $30 area which has been the top of a trading range for nearly two years. A range breakout typically persists in the direction of the breakout for an extended period of time. Resistance is at the new 52-week high at $32.32 and then at $33.24.
09:04 EDTXOn The Fly: Pre-market Movers
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06:16 EDTXOptions expected to be active: TWTR BWLD AXP DWA PNRA AMGN X FB
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July 29, 2014
18:35 EDTXOn The Fly: After Hours Movers
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16:30 EDTXU.S. Steel sees Q3 reportable segments operating income up significantly from Q2
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16:25 EDTXU.S. Steel reports Q2 EPS (12c), consensus (29c)
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15:53 EDTXNotable companies reporting after market close
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July 25, 2014
07:11 EDTXUS Steel August weekly volatility elevated into Q2 and demand outlook
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