Rail Traffic Remains solidly above 2011 levels

Rail Traffic Remains solidly above 2011 levels

Total N. American rail traffic slipped 9K cars last week to 659k.

While traffic slipped last week it remains solidly above 2011 levels and the usual week 5-6 volatility we have seen during the previous two years was essentially absent this year (see red circles in chart below).

Rail Traffic Remains solidly above 2011 levels.

Bedford Park Opportunities Fund Q2 Letter: Long Converge Technology Solutions

TechnologyThe Bedford Park Opportunities Fund returned 13.5% net of all fees and expenses in the second quarter of 2021, bringing its year-to-date return to 27.6%. Q2 2021 hedge fund letters, conferences and more   In the fund's second-quarter investor letter, which ValueWalk has been able to review, Jordan Zinberg, the President and CEO of Bedford Read More

This means the 4-weeks moving averages for 2012 are even higher than the week to week comps would suggest. This is more continued good news for Q1 GDP and the continuing of the recovery.

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Todd Sullivan is a Massachusetts-based value investor and a General Partner in Rand Strategic Partners. He looks for investments he believes are selling for a discount to their intrinsic value given their current situation and future prospects. He holds them until that value is realized or the fundamentals change in a way that no longer support his thesis. His blog features his various ideas and commentary and he updates readers on their progress in a timely fashion. His commentary has been seen in the online versions of the Wall St. Journal, New York Times, CNN Money, Business Week, Crain’s NY, Kiplingers and other publications. He has also appeared on Fox Business News & Fox News and is a RealMoney.com contributor. His commentary on Starbucks during 2008 was recently quoted by its Founder Howard Schultz in his recent book “Onward”. In 2011 he was asked to present an investment idea at Bill Ackman’s “Harbor Investment Conference”.

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