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Let’s talk about steel manufacturing for a moment
Silex Systems | Silicon as a great picks and shovels play on Quantum Computing | ASX:SLX
Week 3 Earnings Plays Analysis and Historical Post Earnings Moves MEGA Compilation - $MSFT, $AAPL, $TSLA, $INTC, $HOOD, $BA, $T, and More
X isn't Gon' give it to ya: China's power shortage leading to global steel shortage.
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Steel etf SLX almost back at the 2008 peak? 🤔 up 60% in the last year.
Yes, very regarded. Enjoying my 33% gain on SLX and 9% on GLL in 48 hours.
This is my copy pasta as it was asked the other day somewhere. Gold starts... Copper confirms... Lithium bridges... Oil follows. Silver hit a high 11/13(?, damn close if not right) so the question is this a breakout or a fake out? Where I am from we treat stocks as global assets. So we have to zoom out a bit to delve deeper. China is ripping this year. Europe leads the pack. Latin America is also breaking out fresh multi-year highs. Meanwhile the U.S. has been the laggard. I remember 2011 well. Silver mania was wild. Once the bubble burst, silver collapsed 68%. The Silver Miners ETF (SIL) dropped more than 80%. Now here we are, back at the same level. It only took 14 1/2 years. Any chart you look at is price in U.S. dollars. That’s the American view. If you really want to gauge if this break out is real, you have to look how silver is doing around the globe. And in Euro, Silver has already taken out the 2011 highs. It's at its highest level ever. You're seeing the same thing across the board: Silver is making new all-time highs in British Pounds, Japanese Yen, Australian Dollar, Canadian Dollar, even Chinese Yuan. If Silver is already breaking out in every other major currency, it's hard to argue it won't eventually do the same in U.S. Dollars. That’s how I see it. ( I recently closed a Silver LEAP from 2024 for a 500% gain.) That’s the playbook we used with gold. Before gold broke out in USD, it was already hitting all time highs in other countries. That was the tell. I will dovetail from where I started. Gold miners, uranium, steel, copper, lithium... they're not just outperforming. The VanEck Gold Miners ETF (GDX) is up 140%. The Global X Uranium ETF (URA) is up nearly 84%. The SPDR S&P Metals and Mining ETF (XME), the Global X Copper Miners ETF (COPX), and the VanEck Steel ETF (SLX) are all up between 74% and 78%. While the S&P 500 sits at plus 17%, commodities are screaming that the global market structure has already changed. Now look at the Energy Select SPDR Fund (XLE). Two years of consolidation, volatility compressed... sellers exhausted... resistance tested over and over. Every major energy move in history started this way: a fading dollar; commodity leadership; improving risk appetite; and a sector that spends years preparing for the next leg higher. XLE hasn't broken out yet. But everything around it already has. It’s the last domino. Breakout or not, the message is clear: This cycle is shifting toward real assets, hard assets, and energy. Now you know what I know.
Gold starts... Copper confirms... Lithium bridges... Oil follows. Silver hit a high 11/13(?, damn close if not right) so the question is this a breakout or a fake out? Where I am from we treat stocks as global assets. So we have to zoom out a bit to delve deeper. China is ripping this year. Europe leads the pack. Latin America is also breaking out fresh multi-year highs. Meanwhile the U.S. has been the laggard. I remember 2011 well. Silver mania was wild. Once the bubble burst, silver collapsed 68%. The Silver Miners ETF (SIL) dropped more than 80%. Now here we are, back at the same level. It only took 14 1/2 years. Any chart you look at is price in U.S. dollars. That’s the American view. If you really want to gauge if this break out is real, you have to look how silver is doing around the globe. And in Euro, Silver has already taken out the 2011 highs. It's at its highest level ever. You're seeing the same thing across the board: Silver is making new all-time highs in British Pounds, Japanese Yen, Australian Dollar, Canadian Dollar, even Chinese Yuan. If Silver is already breaking out in every other major currency, it's hard to argue it won't eventually do the same in U.S. Dollars. That’s how I see it. ( I recently closed a Silver LEAP from 2024 for a 500% gain.) That’s the playbook we used with gold. Before gold broke out in USD, it was already hitting all time highs in other countries. That was the tell. I will dovetail from where I started. Gold miners, uranium, steel, copper, lithium... they're not just outperforming. The VanEck Gold Miners ETF (GDX) is up 140%. The Global X Uranium ETF (URA) is up nearly 84%. The SPDR S&P Metals and Mining ETF (XME), the Global X Copper Miners ETF (COPX), and the VanEck Steel ETF (SLX) are all up between 74% and 78%. While the S&P 500 sits at plus 17%, commodities are screaming that the global market structure has already changed. Now look at the Energy Select SPDR Fund (XLE). Two years of consolidation, volatility compressed... sellers exhausted... resistance tested over and over. Every major energy move in history started this way: a fading dollar; commodity leadership; improving risk appetite; and a sector that spends years preparing for the next leg higher. XLE hasn't broken out yet. But everything around it already has. It’s the last domino. Breakout or not, the message is clear: This cycle is shifting toward real assets, hard assets, and energy. Now you know what I know.
They also have a JV with Silex (SLX.ASX) in Global Laser Enrichment, which is the world's first uranium laser enrichment recently achieving TRL-6. check out SLX.ASX for more information
SLX.ASX, PDN.ASX, BOE.ASX - Uranium miners and technology developer in Australia. Reasoning: with all this AI build up we going to need a lot of energy. Nuclear energy. If Nvidia, AMD and AVGO will build all the infrastructure for Open AI in order to power it you will need 7% of yearly uranium extraction. Just for Open AI. Australia got huge underdeveloped uranium deposits and is friendly with US. Long shot, months, years. I don't have any other ideas.
https://youtube.com/shorts/Bm1SLX4WBCo?si=6u8s0oQWsCMWj603
SLX could work but also includes big global miners. If you want to be safe to buy a little of them all and diversify.
SLX anyone? 
CCJ, BWXT, SLX, ASPI, Sprott Uranium trust and japanease companies like Hitachi and MHI. Most of these are already in the Nuclear ETFs so I would just buy those on pullbacks
Head on over to the ASX (Australian Stock Exchange), plenty to choose from: BOE PDN LOT EL8 SLX BMN (holding) PEN (holding) 1AE (holding) GTR (bag holding)
SLX ..on the ASX. If the trials succeed its going to be a license to print money. That its an Austalian Invention that the US has shipped over to America and built a facility to house it in just for testing purposes, to me says its almost there ..to print money. Its a uranium enrichment laser.
I sold Deep Yellow, Paladin and wish I could sell Peninsula but loss is too great; been running Boss Energy for 18 months now and have a 124% up on it so far. I sold DY and P to fund my ride on NVIDIA so no tears shed there. I believe Uranium is going massive over the next 30 years, so I'm in with BOE and URNM etf, just got into SLX ..because of enrichment. Low enriched uranium is nuclear power plant grade and highly enriched is Nuclear submarine and recently developed Small Modular Reactors grade. SMR's are touted to be able to be used onsite by high electricity demanding companies like car factories. I would not be surprised if high drain data centers don't end up with an SMR in their basement too. 80% of the worlds enriched uranium is out of Russia ..so the world needs alternatives to enrich what they dig up ..AND!!! ...the US senate has just voted to ban Russian Uranium ..bill on its way for Rhoomba (Biden) to sign it into law. Enter SLX, a new tech for enriching Uranium with lazers out of Sydney and they have sold sole licensing rights to an American company that are setting up a demonstration facility for commercial viability ..and the US Department of Energy is going to be attending. This could go huge. COULD. ..Not financial advice. BTW, spent uranium rods are capable of being re enriched, not as good as the stuff straight outta the ground so not all future needed uranium will come of the ground ..just most of it. Mr Cameco owner ...Cameco have gotten in on SLX too ;)
I'm also bull on uranium. 80% of uranium enrichment comes out of Russia ..so the west is sort of hamstrung to them. I was researching an Australian company that has spent 15 years developing an enrichment process using lasers. An American company has sole licensing agreement with them and have recently set up a pre-commercial production testing facility in the US. US government is poised to pump loads of money into it if it works. This could go huge. SILEX Systems Ltd Ticker: SLX on the Australian Stock exchange.
Marcus. 5.6 % with referral link and aarp bonus. Link below for referral. Been with them for years and happy, consistent with top interest rates. https://www.marcus.com/share/JOR-SLX-FU8S
ITB (US Home Construction) is the best performing non-tech ETF for the past five years by a wide margin, and during challenging times for the industry too. Also check out SLX (steel), PAVE and AIRR (infrastructure), and XME (mining).
Called that SLX bounce on here
I’ve been mostly watching SLX but TS and AMR have probably been the strongest. I think we’ll get a pop but May/June exp might be a short opportunity. I mostly just think the growth /inflation thesis is oversold rn
Inflation bears want to see $SLX top out at 65
However much SLX bounces from here will tell us a lot about inflation
SLX bout to come back down to earth
SLX.AX is an Australian company with some pretty neat enrichment tech. Been steadily growing. U-UN (sprott physical uranium trust) gives you access to uranium. AAZ is my mining play.
More $SLX and $XLE strength isn't going to help bulls...too sticky
Translation: X buy signal. Sector ETF- $SLX
[Steel (SLX)](https://ibb.co/KyYxyy2)caught in an interesting spot
Weakest sectors at the open $KWEB (-3.9%), $SLX (-1.8%), $IBB (-1.4%), $XLK (-1%)
Thanks for this I have access to the ASX and have been looking for another play. SLX is also a great U play traded on the ASX
If you have access to the ASX Silex has been on the move lately. SLX.ASX
I am no financial expert, but I believe these are great long terms hold ETFs for certain sectors. These are the ones I know of. Check out their holdings: Energy: XME, SLX, LIT, TANHealth: VHT, IHF, RYHFinance: IYG, KCEOther: SCHD, IYK, RHS, PSCC
Take a look at ASX: SLX (SILXF on the OTC). Up 25% yesterday while the world burned around it. Look at their chart under any timeline, it's a beauty.
This announcement is primarily about enrichment, but everyone seems to be focused on U3O8, which will benefit indirectly, but US enrichers will be the main beneficiaries... there is only one current US enricher, Urenco, which is not publicly traded. There are two future US enrichers: Centrus, and GLE. Centrus (LEU) stands to gain for sure, but they have a LOT of baggage. GLE is a JV between Cameco (CCJ) and Silex (ASX:SLX, OTC: SILXF or SILXY). Once the details of the DOE strategy come out, I believe Silex could be a multi-bagger. JMHO... do your own DD.
I've been slowly building positions in PICK, URMM, REMX, and LIT. I also have my eyes on SLX, but I don't currently have a position. I'm super bullish on tech/energy/evs, but I feel tech is currently overvalued and hyped up too much with very few people looking at the underlying industries needed to support it all. Plus between aging infrastructure needing to be replaced and emerging nations building new infrastructure metals will be in demand for years to come.
I’m a little bit torn about how to rebalance my portfolio given the current market landscape but I would appreciate any feedback: 35 SCHG (large cap growth) 35 MGV (mega cap value) 10 Commodities (IYM, MOO, SLX) 10 Real Estate (REZ) 10 ABNB (feel very strongly about their growth prospects) Thanks!
SLX steel manufacturers ETF. Don’t pump iron brah, manufacture that shit bro.
Some sector ETFs would be good to look at as well. I am very bullish on semiconductors long term. My current ETF portfolio covers S&P (VOO), Nasdaq (QQQ), semis (SMH), batteries (LIT), gaming (ESPO), blockchain (BLOK), cybersecurity (CIBR), industrials (XLI), and steel (SLX). I know, tech heavy, but I am long on all.
Find an ETF dedicated to that industry and then look at their holdings. Lumber ETF: [WOOD](https://www.ishares.com/us/products/239752/ishares-global-timber-forestry-etf) Steel ETF: [SLX](https://www.vaneck.com/us/en/investments/steel-etf-slx/holdings/) For concrete, I couldn't find an industry specific ETF, but the infrastructure ETF [PAVE](https://www.globalxetfs.com/funds/pave/#holdings) has a lot of those stocks. You can also search etf.com for the ETFs with the highest allocations towards a particular stock, for example [here's the ETFs with the biggest allocation for US Concrete Inc.](https://www.etf.com/stock/USCR) ETFs are low-key the best thing that's happened to equity research. Happy hunting!
I ride a mix of gravel and road - because Texas - so the basic consumables get replaced annually. Annual service is $300 alone. Add to that: SLX chain - $40 Tires -$140 SLX cassette (probably more like 18 months) - $120 Rock N roll lube - $20 Tape - $30 Shoe cleats - $20
Look of for IPAY, portfolio is V, MA, PYPL...etc all mobile payments. If you look for stocks, my preference is for SID (3.95 now), but steel industry with good dividend 9% and low P/E. Results due by Nov 4th. I think it won't long last at this price. ETF is SLX. Presently they are corrected high and will revive in future. Starting buying small qty, keep adding every dip.
Sold SLX puts that were up 10% to buy puts on Aluminum. Holding X puts. ARNC 4/14/22 $29p, CENX 3/18/22 $14p
The Chinese energy shortage will drive up steel prices. They are shutting down power-intensive mills right now with the shutdowns expected to last for another 3 or more months. Not sure what to do with that info, could already be priced in but SLX has almost no China exposure. Not sure about CLF.
I bought in SLX (steel ETF) near the beginning of the year @44 because commodities were very depressed during covid. It's dipped from its high and has a solid dividend, so might be a good buy.
I like infrastructure ETF. When the bill passes, there should be enough money to go around for a lot of industries. SLX, LIT, TAN, FIVG, PAVE, PHO
ACLS is a company that makes tools to build semi conductors. There's a huge shortage of those. They're doing well as everyone o is trying to ramp up to build more. I also like US infrastructure ETFs. Biden is going to unveil I huge infrastructure him next month. SLX FIVG PHO PAVE LIT should do well no matter who gets the contracts. Also CAT and URI do Large machinery. Big win there.
Agree with many already mentioned ITT (except for ARK funds, sorry those are just trash IMO), but SLX and REMX for commodities and VGT or VXF for tech and mid-cap growth are also worth looking into if you’re looking more for share proxies and less for trades.
Bought a bunch of Call Leaps on SLX today.
Actually, some sectors seem ahead of this corection. SLX (steel ETF) corrected by more than 10% already. Same for SMH. Let's see how this goes.
ETF on industries regardless of who wins the contracts. - SLX = Steel- PAVE = Roadd consturction and materials- TAN = Solar infrastructure - LIT= Lithium batteries- PHO = Water infrastructure - FIVG= Telecommunications infrastructure I also like a few companies to benefift from any constructionCaterpillar CAT and United Rentals URIFor EVS I like to think that they are going to favor US companies so I like Tesla, Ford, GM, Fisker and Lucid
Steel gang here. CLF and SLX. into DUSL and PAVE which should have some steel exposure. Make my peepee hard.
CLF for a great company, SLX for a great ETF. I loaded up on DUSL which is 3x leveraged and has SOME exposure but I was really hoping for a 3x leveraged steel ETF somewhere? A leveraged SLX.
SLX feels like it's probably a short at 60 on this bounce
SLX is a little miner heavy for my liking also. Big chunks of it are RIO, VALE, etc.
SLX doesn't seem liquid enough to reliably make a play on unfortunately, otherwise I'd be all over it haha.
Have a look at SLX. I have a very small position in it.
I found an ETF $SLX
SLX. Get that steel boom
check out SLX. ETFs for steel. diverse steel companies.
Personally I wouldn't have all my play-around money all in meme ETFs, but if you're fine potentially eating shit on these for like a decade before you see serious gains, there's nothing wrong with that I guess. I would consolidate all of that to like 10% total holdings among 1 or 2 of those ETFs, put a bit more in SCHD, and then either put the rest on individual holdings or ETFs or REITs or something that can give you some more short term gains. Since you're holding a lot of growth there right now, look for value plays. You can go broad ETFs like VTV or IWD or go for some sector-specific funds in value sectors like consumer goods, industrials, financials, etc. XLY had been doing well for me until recently, but it could be a buying opportunity (TSLA is their 2nd top holding, so that's probably a big reason it's been going down lately). For a really specific one, I'm in on CUT, the Invesco timber industry fund, and it's continuing to chug along with the continued rise in lumber prices. Metals are really high right now too so something like DBB or SLX could be a good play as well.
Just get SLX and stop worrying about it
Well, futures tend to correlate to how the market opens, mostly because of mass irrationality. "Futures are up, DJ on fire!", so people rush in to buy. "Futures are down" then everyone and his pet cat dumps tech/growth stocks. That creates a feedback loop that can go for a few days. So the talking heads are selling us their own self-fulfilling prophesies (self-fulfilled by mass irrationality.) When I see that futures are down, I might set a stop sell on something I want to realize profits from and that it might go down because the talking heads are reporting "omg futures are crashing." At the same time, I might get ready to buy those things that are predicted to fall. This has worked not that bad at all for me in the last few months with commodity ETFs (COPX, BATT, SLX, REMX) as well as growth stocks.
SLX down nearly 4% oof
not to add to the panic but just sold all my positions. ended up with gains of 80 cents so I can walk away happy. definetly got in at the peak and the only thing that kept me in the ever so slight green is SLX so now we regroup and see what are some good investment possibilities once the sell off ends.
I bought some SLX calls a few weeks ago because they had the lowest IV. Almost tripled in value since. No liquidity though.
Anyone think we’ll see wood and steel prices continue to increase into July? Most of my portfolio is tech and I’m getting tired of seeing red. I’m considering selling off most of my tech stocks and buying WOOD, SLX, and NOC (defense). Thoughts?
I got some SLX last week because I thought, why not! +2.39% today Any thoughts? [5D chart](https://finance.yahoo.com/chart/SLX#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--) [1Y Chart](https://finance.yahoo.com/chart/SLX#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-)
I’m watching SLX and VEGI unsure about positions yet
I mean I’m in the red I’m not one to talk lol. I picked up some of the 🌽 etfs that canada has now, some WM after winker mentioned it and some SLX today so bun is officially diVeRsiFyInG and it’s embarrassing.
Growth- PSFE, NET Value- UAA, Big Five ETF'S- NRGU, SLX
Fuck CLF. Not worth it. MT is over overbought too. TX and PKX only good runways for upside that aren’t totally played out, but even those aren’t exactly secrets. Just grab SLX or PICK and be done with it if you’re new entry, honestly.
I've got BKR, SLB, and XOM calls that are all multibaggers and will keep running. I just cashed in 1.5x gains on VNOM calls yesterday. On the steel side, X and CLF, but i REALLY want STLD to have a nice pullback so I can get in. I also have shares of the 3x leverage oil ETF NRGU, and the steel ETF SLX.
Sold an SLX call June exp today up 100%. Sold MT options June exp the other week as well for big profit that Id been holding for 5 months. So you're saying I should get back in? I knew a run was coming just not how long it would last. I'm going to buy some common stock but I'd also love to hear thoughts on how deep into the year this could last.
I am not a fan because SLX mostly tracks Iron Ore miners (Vale, RIO). I think making your own 'basket' of steel stocks is pretty easy.
I'm in SLX, tracks the steel index nicely
Oddly enough I currently have small holdings in TAGS, SLX, and COPX. Vale does seem really appealing as a standalone hold though. I wish I caught the boat on nickel earlier. I'm with you on it being priced in at this point.
See what portfolio that this steel ETF has and pick any one of them. [https://etfdb.com/etf/SLX/#holdings](https://etfdb.com/etf/SLX/#holdings)
Producers, definitely! I sold out of all my positions except the major Class I railroads and into commodities: steel, corn and copper and oil. I am using mostly ETFs though (CORN, SLX, CPER, etc and RIO, VALE and X are my only individual holds, and they're small positions at that) to reduce volatility and gain exposure to the entire commodity. Stayed out of nickel though, as I feel like personally nickel producers are already way priced in. I see posts every day on reddit saying MAH PORTFOLIO IS GETTING HAMMERED, well, those people aren't seeing the new trends playing out and are sticking with the growth stocks that are insanely overvalued. Hop on board! There's room for more :)
I bought SLX because there’s no triple leveraged steel ETF :(
really low volume options, but im in SLX. may jump into NUE or MT later
I'm up 30% on SLX in just a few months. Been a nice ride as the techs slide.
Nice. I have $SLX (etf) in my boomer account that is doing nicely.
Now compare NVDA last 6 months with pretty much any sector ETF (XME, XLE, XLF, SLX) and ask yourself why you put so much effort into this.
What steel stocks do you recommend? I'm looking at SLX
MT/CLF/NUE/SLX X for lower float goes up quicker than the others but that means down faster too
SLX is a Steel ETF Maybe not be related but has had decent growth this year.
STOP THE STEEL. Short X and SLX
I think this is the right place to ask this. I am looking at the SLX steel etf On robinhood it shows a P/E of -101.32 (not sure why exactly) but in other brokers the P/E is different such as nothing displayed for ToS and 18.78 on Fidelity. How could the P/E be so drastically different?
I have some steel play (CLF, SLX), GE and UDOW...
I picked up some SOXX and SLX recently, thanks for the validation.
Dude, A LOT of ETFs are up 60% since September: XME, XLE, SLX, etc, etc
When I'm saving up cash to buy stuff later, I like to park it in an ETF for a rising sector. So it can make some small and steady gains while parked in the ETF. Right now, SLX is a pretty good ETF to park spare cash in. There are also some great steel companies that are making good gains right now, to invest in. The best part is that steel (and infrastructure materials stocks) will do even better if Biden's push for an infrastructure bill gets serious.
I've got leaps in MT and VALE, and i might add some X if i can find a good entry. Need to do more DD on X though... not sure about them. 25% of my 401K is also in a Steel etf $SLX
I shoved a quarter of mine into the SLX Steel ETF, and i think that's carrying the day.
What tickers are yall looking at to play Biden's infrastructure plan? I'm looking at MT, VALE, and SLX rn.
I like to use GLTR which has a mix of gold, silver, palladium and platinum. It's a bit heavily weighted towards gold though which hasn't been doing too hot lately. If you meant metals as in industrial metals, not sure if there's an ETF for it, but SLX is an etf that covers metal industries. It's been doing pretty well lately.
I was going to go with SOXL, UCO, UDOW, SLX, FNGU and.... GME? But now UCO might open too high so maybe something in BioTech?