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  • Railroad Stocks Head Northbound Early 0 comments
    Mar 26, 2013 10:40 AM | about stocks: KSU

    This morning, many of the leading railroad stocks are trading higher at the start of the session. One of the leading railroad stocks in the market is Kansas City Southern (NYSE:KSU). Today, KSU stock is trading higher by $1.09 to $107.80 a share. Short term traders should watch for intra-day resistance around the $108.50 level. The daily chart of KSU still remains strong by trading above the important 50 and 200-day moving averages.

    Some other leading railroad stocks that are trading higher today includes CSX Corp. (NYSE:CSX), Union Pacific Corp (NYSE:UNP), and Norfolk Southern Corp (NYSE:NSC). All of these railroad stocks are holding up well at this time. The railroad stocks have been a leading part of the transportation sector. Should the railroad stocks begin to sell off it could be a negative sign for the major stock indexes.

    Nicholas Santiago

    (click to enlarge)

    Stocks: KSU
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