Friday, January 13, 2017

Sector Selector | Aluminum

Yesterday's all star sector was Aluminum.  CENX increased 15.3%, but there were several other strong peformers....and a bust for ACH and KALU.

Yes, it was news driven, WTO interested in Chinese subsidies for aluminum. And, per FINVIZ, 23% of CENX float is short.  Sustainable?  Unsure.  But it's worth keeping an eyeball on.