Mon, Jul 14, 2014, 5:59 AM EDT - U.S. Markets open in 3 hrs 31 mins


% | $
Quotes you view appear here for quick access.

GATX Corp. Message Board

  • jaguar_mikell jaguar_mikell Mar 10, 2010 10:15 AM Flag

    GMT correlated to IYT

    It seems as though the latest run in GMT is highly correlated to IYT, so I'm wondering what happens when IYT pulls back?

    Anyone think GMT can sustain a separation in the correlation, or will it pullback as well?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I'm not a pro, but I think it is natural that GMT is correlated to the Dow Transports index. More important though, IMHO, I would guess GMT profitability is correlated to interest rates. I think a low rate environment hurts them. High rates and good economic activity is GMT's ideal operating margins.

      GMT is a keeper - as long as their dividend is productive.

66.14+0.15(+0.23%)Jul 11 4:01 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Kodiak Oil & Gas Corp.
NYSEFri, Jul 11, 2014 4:02 PM EDT
USG Corporation
NYSEFri, Jul 11, 2014 4:03 PM EDT