The U.S. steel ETF, SLX, has been range-bound for the past three years, as shown in the chart below. However, perhaps because of Trump’s tariffs, SLX has declined consistently over the past year, and is now testing the bottom of that trading range. Breaking below might be seen as having negative consequences for the economy.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
eResearch is pleased to provide a technical opinion on the market from Chris Kimble of Kimble Charting Solutions. Today’s article focuses on the strong rally in Silver and whether it can continue. If so, important resistance would be broken and a bullish tone could be set not only for Silver but also for Gold. [more]
eResearch is pleased to provide yet another article on Silver from Chris Kimble of Kimble Charting Solutions. The recent positive action of Silver provides bullish overtones for Gold and the Precious Metals sector. [more]