Seeking Alpha

InTheMoneyStocks'  Instablog

InTheMoneyStocks
Send Message
InTheMoneyStocks.com is a proprietary research, consulting and investment alerts company focused on guiding investors, swing traders and day traders to financial success. Their PPT Methodology is a proprietary blend of price, pattern and time discoveries that has helped produce 216.37% net... More
My company:
InTheMoneyStocks.com
My blog:
Rant & Rave - Pro Traders Blog
  • Railroad Stocks Head Southbound 0 comments
    Aug 14, 2013 12:02 PM | about stocks: KSU, UNP, NSC, CNI, GWR

    This morning, the leading railroad stocks are all a bit weak to start the day. The railroad stocks are a major part of the Dow Jones Transportation Index which is lower by 0.77 percent on the session. One of the leading railroad stocks that are declining lower is Kansas City Southern (NYSE:KSU). Today, KSU stock is trading lower by $2.05 to $107.16 a share. Day traders should watch the $105.35 level for intra-day support. That is still a bit away, but the level should be decent if the stock trades down there.

    Other leading railroad stocks that are declining lower include Union Pacific Corporation (NYSE:UNP), Norfolk Southern Corp (NYSE:NSC), Genesee & Wyoming Inc (NYSE:GWR), and Canadian National Railway (NYSE:USA) (NYSE:CNI). Often, the railroad stock will trade in tandem with each other. All of these railroad stocks still look weak on the daily charts, and intra-day charts.

    Nicholas Santiago
    InTheMoneyStocks.com

    (click to enlarge)

    Stocks: KSU, UNP, NSC, CNI, GWR
Back To InTheMoneyStocks' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.