|Day Low/High||76.04 / 77.04|
|52 Wk Low/High||63.97 / 80.73|
CSX is one of the few names to give us an idea of how the economy is doing as a whole.
Does such a large increase in Chinese spending on U.S. 'stuff' give reason to doubt that future action lives up to words on a page (or 86 pages for that matter)?
Beyond an algorithmic reaction, I do not expect an overtly positive market reaction when pen is put to paper on Phase One.
Deere, Dow, Caterpillar, PPG Industries, Illinois Tool Works, CSX Corp and Union Pacific all defied expectations and rose after less-than stellar quarterly reports. Here is why.
On the biggest day for earnings reports in the S&P let me give you my scorecard to date so you know which pile your stocks might land in.
Continue to hold longs and add on strength if you do not yet have a full position.
It's all because some stocks are more powerful than others and the aberrations are to the downside. Not the upside.
I have the answer behind the conundrum that forces stocks up that should be going lower.
The railroad stock is primed to break out above its 200-day moving average.
Let's check out the charts and indicators of this railroad freight transporter.
These stocks's earnings were 'not as bad as feared,' and here are some more names that pushed the NABAF narrative.
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
The Fed is doing this right. Let me repeat... the Fed is not screwing this up.
As we get ready to transition into Monday afternoon, investor attention will no doubt begin to focus on the earnings gauntlet of about 160 company reports to be had between Tuesday through Friday. Those reports will include 52 of the S&P 500 compani...
Odds are there will be more to follow, but here's a list of upgrades and downgrades happening here on Friday morning. Upgrades: Boston Beer upgraded to Neutral from Sell at UBS Charter Communications upgraded to Overweight from Sector Weight at Key...
In my opinion, MA is a good one, otherwise it would not be on my book.
Can no one else see the eventual end of the debt super-cycle?
Selling Union Pacific after hitting resistance at the same spot yet again; moving into CSX after stabilizing just above $70.
Stranger things have happened, but with NFLX's subscriber miss, the stock just became hard money, joining the likes of Johnson & Johnson and CSX Corp.
Much of it occurs when someone jumps the gun, deciding that the headlines must be traded without any knowledge of what is underneath them.
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.
With earnings that lack much optimism, CSX not a good bet for buying on weakness now.
Isn't it rich? Are we a pair? Me here at last on the ground, You in mid-air, Where are the clowns?... Don't you love farce? My fault, I fear I thought that you'd want what I want Sorry, my dear! - Stephen Sondheim, Send in the Clowns Speaking of tra...
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.'
CSX Corp. shares are experiencing their largest drawdown in almost two decades today. In the past month I have pointed to the weakness in the transportation index - and its possible economic (and market) ramifications. From Steve Cortes: