U.S. weekly rail traffic rises 0.7% year-over-year

U.S. Weekly rail traffic rises 0.7% year-over-year for the week ending April 27, 2024. Total carloads fell 6.4% to 214,414, but intermodal volume rose 7.5%. Seven of the 10 carload commodity groups posted a year-to-year increase.

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

April's top-performing sector and industry exchange-traded funds of the month. The S&P 500 Index finished April on a downturn, declining by approximately 3%. Only the utilities sector managed to avoid losses in April. The real estate sector experienced the worst performance, down by over 7%. Only five out of the 25 industries reported gains for the month of April.

After A Rally, Stocks Will Be Set Up For A Decline (Technical Analysis)

Weekly Report: what happened at IYT last week (0422-0426)?

Southwest Airlines May Ditch 'Open Seating' To Make More Money From 'Premium Seating' Options

Southwest Airlines Co may reconsider its traditional open seating policy. The airline may opt for assigned seats and premium options to attract younger travelers. The potential change could be the most substantial since the airline's inception in 1971. CEO Bob Jordan hinted at the company's evolving approach in its earnings report.

Why The Market Rally May Still Have Room To Run, Even If Tech Stocks Falter

Home Market Outlook Today's Market Why The Market Rally May Still Have Room To Run, Even If Tech Stocks Falter. Michael Craig, Managing Director and Head of Asset Allocation at TD Asset Management, discusses the outlook for tech stocks and the broader implications for markets.

U.S. weekly rail traffic rises 0.8% year-over-year

U.S. Weekly rail traffic rises 0.8% year-over-year for the week ending April 20, 2024. Seven of the 10 carload commodity groups posted a year- over-year increase. Total carloads fell 6.7% to 216,945 in the week.

Equities Play A Waiting Game

Consumption continued to drive growth in the first quarter. The waiting game continues for the U.S. Federal Reserve and other major central banks to cut interest rates this year. 2024 is shaping up to be a “normal” expansionary year with healthy levels of economic growth and inflation.

Why Old Dominion Freight Line Shares Are Slumping Today

Old Dominion Freight Line, Inc. Shares are trading lower following a first-quarter FY24 revenue miss. Revenue rose 1.2% Y/Y to $1.460 billion, but missed the consensus of $ 1.473 billion. The company's operating cash flow was in line with the consensus.

Wednesday's ETF with Unusual Volume: IYT

Wednesday's ETF Movers: CQQQ, IYT

FedEx: Cost Cuts Paying Off, Big EPS Growth Expected

FedEx is a compelling buy following a strong Q3 2024 report in March. FedEx is focused on reducing its costs and has impressive EPS growth forecasts from the sell-side. IShares Transportation Average ETF has been losing steam, but FedEx has bucked the trend. I see the transport stock as a buy on valuation while its technical situation has improved.

UPS Delivers Mixed Bag Of Q1 Results, Maintains Guidance Despite Lower Volumes

United Parcel Service Inc reported first-quarter FY24 results. Revenue declined 5.3% Y/Y to $21.7 billion, missing the consensus of $20.9 billion. UPS shares are trading slightly higher after the report. The company recently disclosed winning a significant air cargo contract from USPS.

Should You Invest in the iShares U.S. Transportation ETF (IYT)?

Weekly Report: what happened at IYT last week (0415-0419)?

U.S. weekly rail traffic rises 1.5% year-over-year

Why J.B. Hunt Transport Shares Are Diving Today

J.B. Hunt Transport Services, Inc. Reported first-quarter 2024 results. Operating revenue fell 9% Y/Y to $2.94 billion, missing the consensus of $3.12 billion. The company's shares are trading lower after the company reported disappointing results.

Weekly Report: what happened at IYT last week (0408-0412)?

Weekly Report: what happened at IYT last week (0401-0405)?

4 Industry ETFs to Play as US Manufacturing Grows in 1.5 Years