Railroad Stocks Get Derailed

By May 25, 2012, 10:57 AM Author's Blog  

This morning, the leading transportation stocks are coming under some early selling pressure. The railroad stocks look to be a little weak at the start of the day causing the decline in the sector. One of the leading railroad stocks that are trading lower today is Union Pacific Corp (NYSE:UNP). This leading transport stock is declining lower by $1.38 to $111.52 a share. Short term traders can watch for intra-day support around the $111.30, and $110.50 levels.

Other leading railroad stocks that are declining lower today include CSX Corp (NYSE:CSX), Kansas City Southern (NYSE:KSU), and Norfolk Southern Corp (NYSE:NSC). All of these leading stocks will usually follow UNP as it is the leader of the sector at this time.

Railroad Stocks Get Derailed

  • SHARE:


SPY188.155  chart+0.705  chart +0.38%
GOOG527.61  chart+0.67  chart +0.13%
AAPL566.40  chart+41.65  chart +7.94%
TSLA208.94  chart+0.95  chart +0.46%
BBRY7.385  chart+0.025  chart +0.34%
NFLX346.08  chart-7.42  chart -2.10%
FB62.80  chart+1.44  chart +2.35%

DJIA Fut16330.00  chart-9.00  chart -0.06%
Nasdaq Fut3718.00  chart+19.00  chart +0.51%
S&P Fut1872.80  chart+21.80  chart +1.17%
Oil Fut102.15  chart+0.02  chart +0.02%
Gold Fut1311.80  chart+17.1001  chart +1.32%

Nikkei14404.99  chart-141.279  chart -0.97%
Shanghai0.00  chartN/A  chartN/A
UK6700.77  chart+26.03  chart +0.39%
France4479.54  chart+28.46  chart +0.64%
Germany9544.38  chart+0.189  chart +0.00%