One railroad stock could help the transports rally kick into gear $DJT $IYT (via TradingNation)
The transports sector has lagged this year, but trader Matt Maley sees one railway stock that could carry the group back to highs.
"The thing is if we break out of that, that still won't take us to new all-time highs. That's still 8% from where we're trading right now," Maley said. "There's no question we're going to need this group to see new highs if the market's going to see a nice rally in 2020 like it usually does an election year."
"Here's a stock that's at the $180 level. That's going to be the key level to watch. It's bumped up against that level three different times. Each time it's come back. If it can finally break above that level in any kind of meaningful way, it's going to be very bullish for [Union Pacific], and for the rail group overall," Maley said. "In turn, that would be good for the entire transportation sector so I'm looking at UNP, Union Pacific, very closely right now kind of as a catalyst."
"We think there's a dichotomy in the space. I mean you have some of these transport companies that are feeling the Amazon effect like FedEx, like UPS and how all of that shakes out, but then you have the airline companies who are in consolidation, are going to further consolidate and they're a beneficiary of a growing economy and then you have a company like Union Pacific that's just done great," Bapis said during the same segment.Read more: CNBC
Eva Longoria, Ellen Pompeo and More Stars Rally Around Gabrielle UnionEva Longoria shows support for her friend, Gabrielle Union, and calls her AGT experience 'unacceptable.'
Tamron Hall, Eva Longoria and More Stars Rally Around Gabrielle UnionTamron Hall weighed in on Gabrielle Union's exit from AGT: 'It’s a trope when it comes to women. We are difficult, black women are angry and difficult,'
What, Exactly, Is Going on With Gabrielle Union and NBC?Gabrielle Union's firing from 'America's Got Talent' is once again raising questions about NBC's “toxic workplace culture.” hahaha what's going on lol... drugs of course.... You do not want know Vogue
Eva Longoria, Shonda Rhimes, Amber Tamblyn Stand with Gabrielle Union Amid AGT ControversyLongoria calls Union’s alleged experience on the set of America’s Got Talent “unacceptable” (via toofab) TooFab What exactly happened? Too many stories. TooFab Rich celebs have nothing better to do than try to get people fired. Unreal TooFab Seems she is in need of attention. What better way to do so.
15 people killed, dozens injured in Sudan factory fire, doctor's union saysAt least 15 people were killed and dozens injured in Sudan after a fire triggered an explosion at a factory in northern Khartoum on Tuesday, according to the Sudanese Doctors Union. It's a hospital.
Here's What Gabrielle Union Says About Her Departure from 'America's Got Talent'Gabrielle Union and Julianne Hough were ousted from America's Got Talent last week, Variety reported.