Iron Ore

Michael Gable of Fairmont Equities notes a technical break-out for Atlas Iron which should suggest further upside.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Brokers believe the bounce in the mining sector has now run its course ahead of a more subdued period.

The Veterans Day holiday ensured a quiet and uneventful session on Wall Street last night. Dow up 21. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Twitter made a spectacular opening on the NYSE last night but elsewhere a little fatigue may have crept in. Dow down 152. (Accessible only for subscribers before 10:15 AEST)

China’s steel market feels the impact of environmental regulations, excess supply of aluminium is likely to continue and US and European oil markets remain weak.

Wall Street continued its grind higher last night, with little reason to expect anything different. Dow up 128. (Accessible only for subscribers before 10:15 AEST)

The Chartist reports Fortescue Metals’ chart is suggesting a sustainable up-trend that hasn’t been seen in years.

The next two years of anticipated strong steel production in China will underpin iron ore prices.

Wall Street again showed last night it just doesn’t want to go down in any meaningful way, recovering from a sharp fall. Dow down 20. (Accessible only for subscribers before 10:15 AEST)