In an effort to increase productivity, companies are looking to cut back on transportation costs, by super-sizing ships, trains and trucks. At the present, there is a Federal pilot program in place that allows trucks to carry 100,000 pounds, up from the legal limit of 80,000. The pilot program lapses in December. So, the fuckheads in DC are certain to jam a bill through, in order to “save” the trucking industry, yet again. Who gives a shit about roads and bridges? WMT needs to beat the street!
At any rate, one of the little caveats is the trucks must be outfitted with 6 axles, in order to support the additional weight. Trucking company plays have been on fire this year, led by gains in CMI. However, if this bill passes, the gains should accelerate, barring some sort of fucked up economic apocalypse. Margins will go up for retailers and trucking parts makers will enjoy a boom.
Some axle plays on my list includes: AXL, ARM and DAN.
As for this market:
THE PROPHECIES OF THE FLY, MASTER INDICATOR says we bounce from here. Get your boing on and prepare to melt some faces off.
UPDATE: I swapped out of CRUS for CRS, only a difference of one letter.
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The Fly is God.
I like the prophecy of a bounce. What do you think of UNG down here?
too boring
Whatever happened to the walstreetpro2 dude? He seems to have stopped making videos once Ben was well up in his helicopter. Perhaps a new video by him might be an indicator of some sort?
Not a stable starting point for rally….could collapse on itself….I would like a better base please for my “I think I Can” rally attempt for this week.
WHAT ARE YOU TALKING ABOUT?
I am watching the relationship of advance – decliner on NYSE to advance – decline volume on the NYSE over a series of days and applying Gann’s and Fibo analysis to it…..every correction appears to form a nice base pattern on it before the move, I just don’t have it yet, but I should get it this week per my Peanut Gallery Article “I think I can” rally….also, .I was trying to amuse myself by asking for it and saying please…..The time sequence is based on the works of Terry Laundry
Boing?
bounce…spring…get it?
Oh no, I misread that and put my entire 401k into BA!
Just seemed a tad feminine for Le Flyseph.
You would prefer “boink, ” Monsieur D’Artagnon?
________
Goodyear? going to need more tires for those axles.
Fly,ups has been pulling triple trains for many yrs now,which in fact weigh out at over105k-122k pounds. freight companies have been doin it also. your 80k trucks are the ones you see every day,but if they change the law for local semi’s in your local,then that means deeper damaged streets, not axles.
Drummer
It means 6 axles. Quit overthinking