|Day Low/High||74.53 / 75.90|
|52 Wk Low/High||58.47 / 80.73|
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
Warren Buffett believes precision railroading is proving profitable. Is BNSF a new test case?
Businesses are spending. If you're making stuff... if you're buying stuff, then the railroads are moving stuff.
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
China reported positive data, bolstering markets. Netflix had a beat on earnings, but faces fierce competition ahead. CSX is a thing of beauty.
When Netflix reports earnings tonight, what will likely matter above all else for now will be subscriber growth.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
It is going to be fast, it is going to be furious during a shortened week of trading.
The recent selloff in transport stocks following an impressive two-month rally could create some buying opportunities.
Next week we'll be at the tail end of earnings season. It's been a blast, at least until this past week when we got some iffy news about trade.
They are killing it this earnings season, but how much is driven by a desire to beat tariffs?
So far 2019 is proving to be a year where things have a habit of working out right.
CSX has corrected lower the past few months but let's take a closer look.
As uncertainty increases, expect greater demand for safe haven assets.
The firm needs to realize benefit from lower fuel prices while they can.
Given the industry specificity of operating ratios, a quick run through of the task ahead for new UNP COO Jim Vena is in line.
Analysts pump up UNP on precision plan probability.
The stocks that performed well were the stocks that you would reach for in a recession.
We are in the midst of earnings season where we can piece together a mosaic of what's really going on in the economy.
Let's check out some upgrades, downgrades and more.... Upgrades: * Domino's Pizza at Maxim Group to a Buy with a new $310 price target, up from $305 * Workday at Bernstein fetches a new Outperform rating Downgrades: * Lennar and Meritage are hit wit...
Alright folks, it's time to wake up, grab that coffee or other beverage that helps you start the day, and let's get ready for the market day ahead. Doug Kass is off and I'm ready to go. It's going to be a busy morning given some of the earnings repo...
Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.
I have geared my Transports allocation toward the rails this year.
A fresh look at the charts and indicators may result in a new strategy.
CSX might see a short-term limited correction but it is just part of a normal bull move.