|Day Low/High||173.84 / 178.34|
|52 Wk Low/High||112.62 / 219.88|
Straying from these names could land you in quicksand as the 4th quarter begins.
Traders who are long Norfolk Southern could raise sell stop protection to $160 now.
It is all about perception, and here are strong names to pick up on market weakness.
Shares of the railroad operator are trading above recent highs with major indicators signalling more gains ahead.
This options strategy on SBUX offers potential reward with little risk.
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
The Transports story is really a 'Tale of 2 Modes': the railroads and the airlines.
Without that natural base of short coverers, you get no bounce.
Boeing and Norfolk Southern's tour de force calls were in stark contrast to Tuesday's disasters.
There is likely more headline risk to our front than to our rear.
John Flannery sees progress being made on GE's initiatives, but that is what I expected him to say.
We have seen this pattern many times in the last few months, and it is a surreal pattern for traders.
These stocks remain among the best places to be.
Of course there is weakness. But so far, this has been an opportunity every time.
New highs, new divergences and new stops for NSC shares.
Thanksgiving week frequently sees buyers pay up and sellers walk away.
What was dangerous is now safe, what was safe is now risky.
Norfolk Southern NSC shares moved lower Wednesday, even though the rail company reported upbeat earnings.
It looks like China is building again.
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.
Prices have traded higher in recent days but remain, so far, below the declining 50-day moving average line.
Rallies led by the financials and backed by the transports are rallies that have genuine staying power.
From Jim "El Capitan" Cramer's "Transports Getting Run off the Road": Take today's news about Norfolk Southern . The quarter really was terrific, with solid cargo growth all the way down the line. But when the Q&A came on the all-important conferen...