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/biz/ - Business & Finance

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>> No.25883952 [View]
File: 60 KB, 794x830, steel.png [View same] [iqdb] [saucenao] [google]
25883952

>>25883858
It's just correlated to other steel manufacturers (like CLF), with a bit of noise.
Which are in turn highly correlated to steel prices.
Which is correlated to chink spending fucktons of money on infrastructure again.

>> No.25823362 [View]
File: 60 KB, 794x830, steel.png [View same] [iqdb] [saucenao] [google]
25823362

>>25823278
why
>>25823319
CLF's price is heavily correlated to steel prices, which are currently driven up by chinese demand. That can stop at any moment.

>> No.25788763 [View]
File: 60 KB, 794x830, steel.png [View same] [iqdb] [saucenao] [google]
25788763

>>25788585
That's pretty gay, but thx.

>>25788700
Chink start buying steel => steel price goes up => steel industry goes up like a month later.

But at this point I have no idea what's priced in and what's not.

>> No.25776186 [View]
File: 60 KB, 794x830, steel.png [View same] [iqdb] [saucenao] [google]
25776186

>>25776050
Is it tho? Or do I have to draw in meme-lines for you?

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