Reliance Steel & Aluminum Co

  • RS

  • $286

  • -1.39%

  • $290

  • $292

  • $284

Ticker Appearances

Daily Technical Strategy
Thu, April 4, 2024 | 7:20PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Metal Health will drive you Mad

I CONTINUE TO SEE THE US STOCK MARKET AS BEING ATTRACTIVE, TECHNICALLY SPEAKING, AND DO NOT FEEL SUFFICIENT RISK IS THERE TO WARRANT A SELLOFF...

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Daily Technical Strategy
Wed, February 7, 2024 | 7:27PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

MSCI World index has moved back to new all-time highs

DIVERGENCE BETWEEN THE TOP PERFORMING STOCKS WITHIN TECHNOLOGY AND THE BROADER MARKET COULD EVENTUALLY LEAD STOCK INDICES TO CONSOLIDATE.  YET, CURRENTLY, WE’RE SEEING THE OPPOSITE,...

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Daily Technical Strategy
Thu, July 27, 2023 | 8:24PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Quick reversal suggests a Short-term market peak is likely in place

US EQUITY MARKETS LIKELY COULD BE PEAKING OUT AND THURSDAY MIGHT HAVE OFFICIALLY SERVED AS THE TECHNICAL CATALYST FOR CONFIRMATION.  US AND EUROPEAN SOVEREIGN YIELDS...

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Technical Strategy
Fri, February 25, 2022 | 7:25PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Five areas to overweight into March

Friday’s follow-through exceeded 4365, the 2/14 lows along with trendlines from 2/9, adding to the confidence of markets having achieved a good trading lowTreasury yields...

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