Just when it looked like the lovable losing transportation stocks were about the lead the market off a cliff lower, they stabilized right where they needed to and are in the process of closing out the weekly impressively. The Dow Jones Transportation Average came up with another last minute save to print several bullish candles since Wednesday.
Moreover, as you can see below, major rail CP is at all-time highs.
Keep an eye on these sneaky trannies to see if they continue to stabilize. Note that the market does not need the to lead in order to stay bullish, but they likely do need them to stop printing new lows.
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Hi Chess. I’d hold WFM long time to get $100 roll, then sold it ’cause P/E getting bit high even it’s a growing company. Then I’m staring it keep going up without me. What is your stance for exit from one, or decide enough? Thanks always.
More of an art than a science, hindsight always 20/20. Don’t beat yourself up.
Thanks Chess always. It happens many times,,,, then will happen many times. I’m an oil painter by the way : )
LOL. Eddie and his trannies.
Beware of the adam’s apple-wrist pattern…
What is that ??
Just kidding around, carry on….