Railroad Stocks Slide, Is The Keystone Pipeline Coming?

[inthemoney80]

This morning, the leading railroad stocks are declining lower again. Over the past five years the railroad stocks have been leading most of the transportation stocks higher in the United States. Lately, these stocks have been stalling out and are looking somewhat weak on the charts. The leading railroad stocks transport a lot of freight, oil, coal, gas, and other energy products. Should the Keystone XL pipeline open up and start delivering oil, and gas throughout North America it could hurt the profit margin for many of the leading railroad companies.

Some of the leading rail road stocks that are declining today include Kansas City Southern (KSU), Norfolk Southern Corporation (NSC), Union Pacific Corporation (UNP), and CSX Corp (CSX). At this time, the weakest railroad stock is Kansas City Southern (KSU). This stock is trading below the important daily 200-day moving average. Anytime a stock is trading below this key moving average it is a sign of weakness for the stock.

Some stocks that could benefit from an approval of the Keystone XL pipeline include TransCanada Corp (TRP), Suncor Energy Inc (SU), and Phillips 66 (PSX).

Nicholas Santiago
InTheMoneyStocks

[RicG]

Another market spammer. Hmmm....wonder why....lol?

[TheRumpledOne]

I don't know why....

[dchappy]

I think it has to do with the present slow economy ..

There is less disposable income now and thus fewer "wanna-be "

traders who are willing to risk their $'s .

Therefore those who sell information have to reach out farther with

their ads & promotions .

I have also noticed that since the markets have contracted somewhat .

that there are fewer "trade rooms " in business . One GURU that I

once visited is now back to doing real-estate seminars ..

It is all a cycle ,