|Day Low/High||140.36 / 145.82|
|52 Wk Low/High||90.55 / 136.14|
What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.
While we're getting ready for those earnings reports after today's close, here' a look at what's on tap tomorrow morning. American Express Autoliv BlackRock Citizens Financial Group Cleveland-Cliffs Gentex IberiaBank KC Southern Manpower NVR Regions...
And just why do we have a federal debt ceiling, anyway? An argument for doing away with it.
We examine how well each major player is trimming fat and improving efficiency on its business amid a potential slowdown.
While some of CSX's earnings numbers went off rails, the company posted an all-time best operating ratio, so CEO comments on call pretty 'puzzling.'
When there is fear in a sector, there is often opportunity as well.
The railroad has run into a snag amid what its CEO termed "the most puzzling" economic backdrop he has seen in his career.
Businesses are spending. If you're making stuff... if you're buying stuff, then the railroads are moving stuff.
China reported positive data, bolstering markets. Netflix had a beat on earnings, but faces fierce competition ahead. CSX is a thing of beauty.
What I see from 10,000 feet above... in the age of suddenly profitable fuel as cargo, are the railroads.
Unfortunately for NFLX, the competition will only increase.
Given the industry specificity of operating ratios, a quick run through of the task ahead for new UNP COO Jim Vena is in line.
This game is as much about sticking to one's designated set of disciplines as it is about having good ideas.
I have geared my Transports allocation toward the rails this year.
It is all about perception, and here are strong names to pick up on market weakness.
The Transports story is really a 'Tale of 2 Modes': the railroads and the airlines.
The creature from beneath your bed, or from the darkest recesses of your closet, can still spook the marketplace.
The charts of American Express and IBM both look intriguing after their quarterly results.
Activision Blizzard is counting on people wanting to watch others play video games.
Traders should look for a shallow dip toward $110.
A gap is just ahead, while all-time highs are not far off either.
Rallies led by the financials and backed by the transports are rallies that have genuine staying power.
Most airlines are flat, give or take 3-4%. The truckers are terrible.