Rail Traffic Strength Continues Again this Week

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Rail Traffic Strength Continues Again this Week
Fotoworkshop4You / Pixabay

Rail Traffic Strength Continues Again this Week

Total N. American rail traffic was flat last week at 690K cars. What makes this # more impressive is it is of a 663k number last year AND last year’s number included 17k more coal shipments. See chart below:

railcoal Rail Traffic Strength Continues

Option Trading and the Future of Option Alpha with Option Alpha’s Kirk Du Plessis

Arena Investors Chilton Capital Management Schonfeld Strategic Advisors Robert Atchinson Phillip Gross favorite hedge fundsValueWalk's Raul Panganiban interviews Kirk Du Plessis, Founder and CEO of Option Alpha, and discuss Option Alpha and his general approach to investing. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview with Option Alpha's Kirk Du Plessis


As for the “what” was being carried, both chemicals and auto saw large YOY gains meaning the auto sector remains very strong (kinda of a no kidding after recent auto data but confirmation is always good) and for chemicals, think manufacturing.

I know there is the incessant talk out there of the US already in or entering a recession, somebody better tell rail shippers because I think they are clueless as to that based  on their data….

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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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