Today's bullish picks are based on analyst upgrades. For the past week, analyst upgraded 7 stocks in the trucking industry. Using the bull-vs-bear chart, the market looks like still headed for another down day. The bigger picture is that the market is still in a downtrend for more than a year and uptrend for the last 3 months. With that in mind, some buyers will look at the short-term trend as potential signs of long-term trend reversal so any opportunity for dip will be a buy. You can the use the hourly charts(especially between 3-4 of the trading period) and watch for a divergence between the price and the Stochastics(or even MACD-H) signals to better time your entries and therefore maximize your profits and minimize your losses(using stops) in case the market doesn't go in your favor. Click here for latest quotes.
| Symbol |
Company |
Exch. |
Industry |
TI |
MS |
UG |
DG |
IT |
| KNX |
Knight Transportation, Inc. |
NYSE |
Trucking |
1 |
0 |
1 |
1 |
0 |
| ODFL |
Old Dominion Freight Line, Inc. |
NASD |
Trucking |
0 |
0 |
1 |
1 |
0 |
| WERN |
Werner Enterprises Inc |
NASD |
Trucking |
1 |
0 |
1 |
1 |
0 |
| ABFS |
Arkansas Best Corp. |
NASD |
Trucking |
0 |
0 |
1 |
0 |
0 |
| FWRD |
Forward Air Corp. |
NASD |
Trucking |
1 |
0 |
1 |
1 |
0 |
| CNW |
Con-Way Inc. |
NYSE |
Trucking |
1 |
0 |
1 |
1 |
0 |
UG,DG & IT are number of upgrades, downgrades or initiated recommendations from institutions for the past 60 days.