Don’t Think Twice, The Trucking Stocks Are All Right

By | July 16, 2014

Scalper1 News

From the spring of 2010 through 2012, trucking stocks essentially moved sideways. The Transportation-Truck industry group’s weekly chart shows a series of rolling consolidations that never led to a sustained uptrend. Then everything changed. Beginning in 2013 through Tuesday’s close, the truck group advanced about 75% vs. 46% for the Nasdaq and 38% for the S&P 500. Why the failure and success? The easy explanations fail. For example, some blame Scalper1 News

Scalper1 News