Norfolk Southern Corp.
237.58 - 241.94
222.54 - 296.47
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@everyone I got clean signals on $LEN, $NSC, $S and a few other trades but I opted to stand down because the general conditions are still unclear. It is like deciding to forego buying the nice house because the neighborhood is sketchy. 1) The market is up but the breadth has barely improved. I want to see a bump up in breadth when I am going to put some $ to work:
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DCR % Screen 581 names eod with these showing RS new high : TUP NSC FCX SAM CNI NUAN DE SHW EXPD FMC RBC PENN NUS CP DKS AAWW HZNP NVCR TRIL SQM ALB ZG Z APPS CC DNLI TPTX BEPC BGNE IRTC MAXR DKNG WKHS SWAV CARR SILK
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NSC SAYS "AS BEIJING NOW TREATS HONG KONG AS 'ONE COUNTRY, ONE SYSTEM,' SO MUST THE UNITED STATES
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Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,300 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern is a major transporter of industrial products, including agriculture, forest and consumer products, chemicals, and metals and construction materials. In addition, the railroad operates the most extensive intermodal network in the East and is a principal carrier of coal, automobiles, and automotive parts.
CEO: James Squires
HQ: 3 Commercial Pl Norfolk, 23510-2108 Virginia