UnknownUnicorn764329

UnknownUnicorn764329

Macro German industry in freefall - ESI Lower & PMIs lower. Consumer confidence lower, the chemical industry relies heavily on consumer products. China PMIs lower again. Micro 60% of sales are based in China/Europe new orders slowing "In China, the world’s largest automotive market, the decrease was more than twice as high, at around 13%." Profit warning 30%...

UnknownUnicorn764329

No technicals bullshit here, purely fundamental driven. Micro PSR is the key theme in railroads right now. Despite a lower operating ratio CSX implementing PSR isn't proving to be as effective as people think and the optimism associated has created a bubble. Macro Railroad data weaker YoY - Bearish - www.aar.org Earnings Growth Positive - Bullish - But how...

UnknownUnicorn764329 Updated 

Shipping of crude oil during trade uncertainty increases because supply routes increase therefore rent times increase. Rail data continues to weaken without a meaningful reaction from stock prices.

UnknownUnicorn764329

Good luck to anyone long in the next 6 months :D