|Day Low/High||171.72 / 174.65|
|52 Wk Low/High||126.40 / 186.91|
The Transports story is really a 'Tale of 2 Modes': the railroads and the airlines.
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Norfolk Southern Corp. has taken over the #140 spot from Express Scripts Holding Co , according to The Online Investor.
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.
GE Transportation (NYSE: GE) secures 225 orders in 2018 for locomotive modernizations, as well as completes the first of 100 modernizations for Norfolk Southern (NYSE: NS).
John Flannery sees progress being made on GE's initiatives, but that is what I expected him to say.
Reports of the death of Facebook, Apple, Amazon, Netflix, Nvidia and Google/Alphabet are greatly exaggerated, says Jim Cramer.
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.
Shares of CSX Corp. are tumbling Friday, down 8% after CEO Hunter Harrison takes a leave of absence on health concerns.
Of course there is weakness. But so far, this has been an opportunity every time.
Railroad stocks like Union Pacific and Norfolk Southern are hitting all-time highs, while Kansas City Southern -- despite NAFTA risk -- is hitting new 52-week highs.
New highs, new divergences and new stops for NSC shares.
This year has been tough for industrial stocks, which have lagged the broader market. But one research firm makes the case for a new bullish outlook on industrials with 21 long suggestions for 2018.
The most recent short interest data has been released for the 11/15/2017 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Thanksgiving week frequently sees buyers pay up and sellers walk away.
Jim Cramer is bullish on CVS Health, Coca-Cola, Norfolk Southern, IBM and Randgold Resources.
Jim Cramer says that whether it's at West Point or on Wall Street, leadership comes from loyalty, innovation, and the first-mover advantage.
Cramer reflects on where all the buyers have gotten to and also discusses the stock market's safety dance.
Jim Cramer says that in this market, what we thought were safe stocks are now risky, and the dangerous ones have become the safer bets.
What was dangerous is now safe, what was safe is now risky.
When it comes to equities investing, recurrent patterns can be of enormous importance. But for these several dozen picks, the risk/reward issues are beyond just cyclical changes.
Jim Cramer points out some earnings from the railroads. The country is 'much stronger than people realize,' he said.
This has been a good year for stocks, which is why it would be a shame to see this troubling sign -- when stocks sink on good reports -- expand much further than Norfolk Southern, Jim Cramer said.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.