Is It Too Late To Buy Rail Stocks? Base Count Says No

By | July 18, 2014

Scalper1 News

Railroad stocks fell into a blue mood in late March 2013. It wasn’t that things were terrible for the Transportation-Rail industry group. The problem was less dramatic. The stock group’s Relative Strength line was stuck in a gently rolling, sideways pattern for month after month. This means it was moving in step with the S&P 500 and little else. Growth investors have a tough time making money from breakouts when a stock’s industry group itself is Scalper1 News

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