Railroads

    Posted by frtaylor on 3rd of Feb 2015 at 08:38 pm

    Matt and Steve, I wonder if you'd be interested in covering the railroads. With oil perking up, they are too. The difference: they have been much stronger than energy stocks (naturally). CSX, UNP, CNI look good.

    frtaylor..just saw your note...they look

    Posted by steve on 3rd of Feb 2015 at 08:44 pm

    frtaylor..just saw your note...they look good right now (somewhat extended short term) but certainly can advance more in decent market. 

    UNP - breakout candidate

    CSX -  downsloping trendline

    CNI - horizontal trendline 

    Thanks. I like how CNI

    Posted by frtaylor on 3rd of Feb 2015 at 10:01 pm

    Thanks. I like how CNI has repeatedly held the 200ma in the last few weeks and now appears to be breaking away from it.

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