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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.
Russia Threatens to ‘Reduce to Zero’ Its Economic Dependency on U.S.
“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system.”
PIMCO To Buy Billions In European Toxic Debt
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.
Americans Borrow Record Amount to Buy Cars
The average amount borrowed by car buyers last quarter climbed above $27,000 — for the first time ever.
Our Next Big Crisis Will be a Retirement Crisis
On retirement, three new reports paint a bleak picture of what the future may look like for Americans when they retire.
Japan to Regulate and Tax Bitcoin Trades
After the implosion of Mt. Gox, Tokyo moves to regulate Bitcoin.
View the Investor Wire Archive >>
U.S. Financial MarketsReal-time Gold and Silver Prices
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“World News Headlines That We Are Tracking”China’s Biggest Event of the Year Begins Today
The National People’s Congress meets to begin a two-week legislation bonanza.
China Says Military Will Respond to Provocations
The rising dragon flexes its muscles…
Oklahoma House Votes to Nullify Agenda 21, 66-26
A bill that would nullify Agenda 21 in Oklahoma passed through the state house today.
Turkey Scrambles Jets After Russian Plane Flies Near Border
The Turkish Air Force scrambled eight F-16 fighter jets after a Russian surveillance plane flew parallel along its Black Sea coast
Under Threat, Syria’s Christians Sign Accord with Islamists
Christians opt for a medieval-style ‘protection agreement’ and tax over conversion or death.
PODCAST: Gold and Stock Update
Broadcast Every Saturday Morning – Hosted by Jerry Robinson
Topic: With Jerry Robinson on vacation last week, this brief episode provides a precious metals update, our latest trading performance, and an investing idea..
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Other Listening Options
“Daily Investment Trends for the Savvy Investor”
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View the Daily Chart Archive >>
“A Daily Stock Trading Idea for Short-Term Traders”
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Enter the Trading Room to View all Trading Activity >>
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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
