|Day Low/High||35.59 / 35.90|
|52 Wk Low/High||25.13 / 36.06|
Stocks put in broad gains supported by tax cuts, bonuses, a weaker dollar and more.
These stocks remain among the best places to be.
The aerospace firms have announced deals to sell about 300 planes to Iranian airlines valued at $40 billion.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Friday's trending topics.
CSX shares moved lower on Friday amid news that its CEO Hunter Harrison is taking a medical leave of absence.
Housekeeping item. I am now out of my CSX short, per the first post of the day.
In early November I prematurely shorted CSX and continued to add to my short on the recent strength in late November/early December. Last night the company announced that its CEO, Hunter Harrison, has taken a temporary leave because of health reas...
CSX shares rose with the rest of the transport index this week even though earnings estimates have slipped.
* THE RETURN OF THE MARKET WITH NO MEMORY? "Welcome to the party, pal." --John McLane (Bruce Willis), "Die Hard" It should not be surprising that, overnight, futures (up by ten handles) have reversed some of yesterday's loss as extended and nearly u...
"She said, "My boy, I think someday You'll find a way To make your natural tendencies pay You'll be a dentist..." -- Little Shop of Horrors, The Dentist Song (Steve Martin) * In a normal backdrop I would observe that this week represents almost cla...
'"Or would you like to swing on a star Carry moonbeams home in a jar And be better off than you are Or would you rather be a pig" --Duffy's Tavern, "Swinging on a Star" (1945) I see downside market risk at about four times the upside reward. I don't...
A key feature in the premarket that isn't being discussed much is the drop of about three basis points in the 10-year and long bond yields. The 10-year U.S. note is now yielding 2.38% and the 2s/10s spread is down by two basis points. I remain i...
More Technical Deterioriation I thought this chart published this morning by the Divine Ms. M, Helene Meisler, to be an important one. It's a chart that indicates -- with only 55% of the New York Stock Exchange issues above their 50-day moving ave...
Review your portfolio to assess your exposure to and appetite for risk against an increasingly uncertain market backdrop.
"On Tuesday, it was as though a light bulb came on for so many market players. I call it realization day. It's the day they realize the market has a breadth issue. Not only was my inbox full of folks who wanted to discuss it. But my Twitter timeline...
I have just returned to my office from this afternoon's presentation. (I have a day full of meetings tomorrow, as well). I haven't had a chance to fully parse the Dillard's report -- but it looked good. The shares were up smartly during the regular ...
I have added new small short positions in Deere , Caterpillar , CSX and Union Pacific . My fundamental rationale will be delivered in the next few days.
It may seem daunting, but there will likely be opportunities to scoop up well-positioned companies.
Most of our indicators suggest CSX is not going anywhere, for now.
Morgan Stanley downgrades Union Pacific and CSX based on weaker-than-expected auto and coal deliveries and lower pricing realizations.
A gap is just ahead, while all-time highs are not far off either.
The hurricanes are interrupting the decline of some very important business cycles.