Have Steel Stocks Bottomed?

Bullish General Large Pic

It would appear to be so, thus it could be time to slowly creep back in.

Of the stocks in the steel sector Mastery is most intrigued by Steel Dynamics (STLD), U.S. Steel Corp (X) and AK Steel (AKS).  X and AKS have huge short interest and have been horrible investments in the past 12 months.  The exception to would be STLD which is holding up well.  The steel sector is out of favor with Wall Street, that's why we want in.

T-1000 Changing

Low expectations are drowning the steel industry.  Its why the Masters are considering buying.

AK Steel (AKS) leveled the playing field yesterday after a weak forecast for the entire sector.  Its why we want you to consider the best of the industry with U.S. Steel Corp (X) and let a little ride with small time Steel Dynamics (STLD).