|Day Low/High||159.86 / 163.93|
|52 Wk Low/High||128.08 / 180.54|
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?
Replacing fear with pragmatism, that is our goal.
Though financials and FANG (which are at an important top of the price channels/charts) are great, industrials (DowDuPont , 3M ), autos (a one-day wonder from yesterday), retail (Macy's , Target ), semiconductors (Micron Technology ), transports (Un...
It's not often we see a big weekly pop like this week's, while trend and volume remain muted, practically bearish and oversold.
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.
Traders may want to be early buyers of UNP.
UNP stock is speeding up the track on Tuesday.
Union Pacific could bounce in the short run but the underside of the declining 50-day moving average line is likely to act as resistance.
It becomes difficult for me to tell you where to run in these markets...
Technicals suggest some caution on UNP at this intersection.
I have geared my Transports allocation toward the rails this year.
Straying from these names could land you in quicksand as the 4th quarter begins.
I am sick and tired of reading stories about how buybacks inflate earnings and are, therefore, phony.
It explains a ton how you can rally on a day you would expect to be down.
In the weekly bar chart of UNP we can see that prices have doubled in the past two years.
Union Pacific has been in a strong uptrend the past three years.
It is all about perception, and here are strong names to pick up on market weakness.
As we get into the heart of earnings season we are now getting an almost obligatory question about tariff impact and what it means.
Cloud stocks, unlike most of tech, are less exposed to Chinese revenue and tariffs.
Careful attention is needed as railroad's shares work through weakness.
Tech and retail gains aren't enough to lead markets to new highs.
We wait to see if there are some signs of stability away from tech before we feel compelled to buy.