HRC Futures Rocket Higher on Record-Setting Volume

Editor’s note: SMU Contributor David Feldstein is president of Rock Trading Advisors. Rock provides customers attached to the steel industry with commodity price risk management services and market intelligence. RTA is registered with the National Futures Association as a Commodity Trade Advisor. David has over 20 years of professional trading experience and has been active in the ferrous derivatives space since 2012.

Apparently, the cat is out of the bag in regards to the sneaky tight fundamentals. How many times have you said or heard someone say “this is crazy” this week? This is not crazy; this is hot-rolled steel! However, it is intense. Here where today’s CME Midwest HRC and busheling markets stood at 2:00 pm CST!

David Feldstein

SMU Contributor David Feldstein is president of Rock Trading Advisors. David has over 20 years of financial market trading experience and has been active in the ferrous futures space since 2012. Feldstein earned an MBA from the University of Chicago Booth School of Business with concentrations in economics, statistics and analytical finance. He can be reached at davefeldstein@gmail.com.

David Feldstein

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