Steel Doesn't Die So Easily

Much like the tough steel mill workers themselves, steel stocks may not be ready to go away for good. 

Of course, steel longs must have been feeling their stocks would, in fact, go away for good given the steeply corrective action since February. 

However, today marks the first session in a good while where steel stocks rallied impressively on strong buy volume, to boot. Little AKS is a prime example of this, a name we will flesh out for Members  tonight, among others. 

As for the broad market, tech stocks in the Nasdaq put in a fairly tight consolidation day while other parts of the tape outperformed.

More in my recap after the bell.