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By now, you know President Trump just imposed a 25% tariff on steel and aluminum imports. In fact, according to CBS News, the President said, “Our nation requires steel and aluminum to be made in America, not in foreign lands we need to create in order to protect our country’s future resurgence of U.S. manufacturing and production, the likes of which has not been seen for many decades.” “Under Mr. Trump’s orders, steel imports from all countries will now face 25% tariffs, while aluminum tariffs will be raised from 10% to 25%. The orders were instituted under Section 232 of the Trade Expansion Act of 1962, which authorizes the president to adjust imports, including by imposing tariffs, when they are determined to threaten national security.” That being said, it’s no surprise that steel stocks and related ETFs have been rallying. Keep reading for two top steel opportunities… |
Oxford Club
The Rebirth of the American Dream
Bill O’Reilly has trusted one expert for investment advice for over 20 years… Alexander Green.
Now, Alex is revealing Trump’s impact on YOUR Money:
Why Trump’s second term could create 20,000,000 new millionaires.
How AI technology could amplify Trump’s policies.
Details on 3 stocks that could rise 20-fold by 2029.
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Company: Cleveland-Cliffs (SYM: CLF) Tariff news has been a positive for Cleveland-Cliffs (SYM: CLF) because it could lead to less competition and higher prices moving forward. In addition, company CEO Lourenco Goncalves has been supportive of tariffs, saying they can have a “long-term positive impact” in making “America a manufacturing superpower once again.” Helping, analysts at GLJ Research recently upgraded the CLF stock to a buy with a price target of $14.27. That upgrade was based on expectations of tariffs from the Trump administration and seasonal strength in the steel sector. |
Brownstone Research
Elon’s New Crazy Invention Could Pay You $30k a Year
What Elon Musk is about to do next could be BIGGER than PayPal, Tesla, SpaceX, and Neuralink… COMBINED.
His next big idea could not only unleash $9 trillion in value…
But it could also pay you an extra $30,000 a year in income outside of the markets.
Hard to believe, right?
But click here to watch the live demo, and you’ll see it for yourself.
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ETF: VanEck Vectors Steel ETF (SYM: SLX) The SLX ETF is also gaining big momentum on the news. After finding strong support at around $58, the ETF is now up to $63.42. From here, we’d like to see it initially retest $70. With an expense ratio of 0.56%, the SLX ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index (STEEL), which is intended to track the overall performance of companies involved in the steel sector. Some of its 26 holdings include Rio Tinto, Vale, Nucor, Steel Dynamics, United States Steel, Reliance Steel & Aluminum and Ternium to name just a few. |
Altimetry
New research reveals what Elon Musk could be planning in Washington D.C. and how it may impact your money. In short, Elon has much bigger plans than simply “draining the swamp.” His next big project could bring about nothing short of a revolution in our economy… It could change the way you file and pay your taxes… collect Social Security… and how you travel. To do it, Elon will likely use the same strategy he’s applied in every other business.
