SHORT-TERM TRADING IDEA: NSC
Norfolk Southern Corp. Flashing New Buy Signal at $95.03
FTMDAILY.COM – Every morning we share one new conservative stock trading idea with our subscribers that we believe could provide 1%-5% in profits within a very short period of time. (Usually within 10 days.) Today, we are sharing our subscribers-only daily trading idea with our entire audience.
Norfolk Southern Corp. (Ticker: NSC), a Virginia-based holding company, owns two major freight railroads, Norfolk Southern Railway Company and Norfolk Western Railway Company, which operates in numerous states, the District of Columbia and the Province of Ontario. The stock appears ready to breakout to new highs, perhaps as early as this week. I will buy shares of NSC, if it reaches $95.03. I will then immediately place a stop-loss order for $87.43 to limit my total downside loss to 8%. However, if NSC reaches $95.03, I expect to earn a quick 4%-5% profit over a few trading days.
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DISCLAIMER: The above trading ideas are from my own personal stock watchlist and are for educational and informational purposes only. They are NOT specific buy recommendations. Trading stocks is risky and you could lose all of your money. Trade at your own risk. Jerry Robinson is a stock trader, not an investment advisor. You should always consult a trusted financial services professional before making any financial or investment decisions. READ FULL DISCLAIMER.
Inside this Issue
“Preparing — and Profiting — From the Coming Collapse”S&P 500 Rebounds to Record as Putin Comments Ease Tension
The S&P 500 soared to new record highs after tensions over Ukraine ebbed on Tuesday.
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Pimco quietly has raised $5.5 billion to buy bank assets in the U.S. and Europe and has already closed the fund to new investors.
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The average amount borrowed by car buyers last quarter climbed above $27,000 — for the first time ever.
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View the Investor Wire Archive >>
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The rising dragon flexes its muscles…
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Christians opt for a medieval-style ‘protection agreement’ and tax over conversion or death.
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“A Daily Dose of Financial Wisdom from God’s Word”
“Prepare your work outside and make it ready for yourself in the field; afterwards, then, build your house.”
Proverbs 24:27
