|Bid||0.00 x 1200|
|Ask||33.95 x 1000|
|Day's Range||23.78 - 24.70|
|52 Week Range||19.94 - 32.41|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.20%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.98%|
The transportation can be a key bellwether when it comes to assessing the health of the economy—if products are moving, the economy is grooving. The same goes for China, which saw its transportation sector ...
Tesla founder/CEO Elon Musk expects one of his ventures, Boring Company, to complete a commercial tunnel project in Las Vegas by 2020. Musk founded the venture in 2016 to serve as an infrastructure and ...
U.S. airlines are headed for a 10 th straight year of profits, which is causing employees to demand higher wages as well as increased benefits. “Next year, major U.S. carriers will be negotiating labor agreements with more than 120,000 unionized employees, a process that is set to add to their expenses,” a CNBC article noted. “Labor costs are airlines’ biggest expense and they have become a larger portion of overall costs,” the report added.
The bullish trend seems more likely this year with positive momentum built up in the space. This will result in huge demand for leveraged ETFs as investors seek to register big gains in a short span.
Auto manufacturer Ford Motor topped earnings expectations for the third quarter, but the company also tamped down over-exuberant profitability forecasts for the future as it lowered its earnings guidance for the rest of 2019. Adjusted earnings: 34 cents per share vs. 26 cents expected. “The third-quarter results do have evidence of the global redesign of Ford,” CEO Jim Hackett said Wednesday on a call with investors.
Lyft shares got a lift from an earlier-than-expected profit forecast after startup co-founders Logan Green and John Zimmer said the ridesharing company could churn a profit by the year 2021. Shares of Lyft jumped as high as 8% in Tuesday’s trading session. Lyft made its IPO debut back in March, but with no clear path to profit, shares of the company stumbled.
The U.S.-China Trade war is making its effects apparent in higher freight costs. This could certainly put transportation-focused exchange-traded funds (ETFs) on notice moving forward, particularly after China recently introduced new tariffs and resumed automotive duties as well.
As far as any potential roadblocks for transportation exchange-traded funds, the U.S.-China trade wars are certainly a potential danger, but selecting the right exchange-traded funds (ETFs) could relegate them to a mere speed bump. The trade wars between the two largest economies have certainly been a negative factor for many sectors, and the transportation industry wasn't immune to its effects. “You need to recognize that it creates opportunities at the same time, if you are so inclined to take advantage of those market movements,” said Ric Edelman, co-founder and chairman of Edelman Financial Engines.
As global growth remains a concern, investors can look to sector-specific plays--one of them being infrastructure. "One market segment that has performed remarkably well of late—and one that may continue to perform well given the backdrop of potentially slowing growth—is infrastructure," wrote Kieran Kirwan, Senior Investment Strategist at ProShares. Most people by now recognize a huge need exists for more infrastructure investment.
The Dow Jones Transportation Average is up almost 20 percent year-to-date (YTD), which is keeping the Direxion Daily Transportation Bull 3X Shares (TPOR) on the move with its own 59.31 gain thus far this year. The Dow Jones Transportation Average is outpacing the Dow Jones Industrial Average thus far in 2019 by about 7 percent. The strength of the average, composed of primarily 20 airline, rail and trucking stocks, is showing itself in ETFs like TPOR that track the transportation sector.
The Dow Jones Transportation Average is outpacing the Dow Jones Industrial Average by about 4 percent thus far in 2019. The strength of the average, composed of primarily 20 airline, rail and trucking stocks, is showing itself in exchange-traded funds (ETFs) that track the transportation sector. The index is getting help from strong earnings results from the likes of Kansas City Southern, CSX and United Continental.
The week of April 15 brings a fair amount of first-quarter earnings reports. Just over 14 percent of the S&P 500 delivers earnings during that week, but for some sectors and industries, the percentages ...
Transportation stocks and sector-related ETFs have been gaining momentum, a bullish signal that the U.S. economy is on the mend after the broad market pullback last year and concerns over slowing growth. The Direxion Daily Transportation Bull 3X Shares ETF (TPOR) is an idea for aggressive traders looking to make bullish short-term bets on transportation stocks. TPOR, the first leveraged transportation ETF, attempts to deliver triple the daily returns of the widely followed Dow Jones Transportation Average (DJTTR).