United States Steel Corp. (X) Looks Like A Steal
The bull train continues to roll ahead as generally upbeat corporate earnings haven’t given investors enough reason to take profits off the table. Major equity indexes have yet to deviate from their steep upward trajectory since the start of 2013, with the Dow Jones Industrial Average and S&P 500 both posting fresh five-year highs and breaking past their psychologically significant 14,000 and 1,500 levels respectively. Amid the improving sentiment on the equity front, commodity prices have been all over the board, making it even more frustrating for those still waiting on sidelines to jump in; some are hesitant to go long given the stellar gains year-to-date on Wall Street, while others are fearful of missing out on the next bull market [for more market news and analysis subscribe to our free newsletter].