| Two Telling Charts - TRANQ and BDI Bruce Pile submits:If you had to pick just two charts to look at in trying to gauge the future of the stock market, you'd be hard pressed to come up with any two much better than the transports without the rails (TRANQ) and the Baltic Dry Index (BDI).The BDI is a measure of actual planned (not speculated) shipping of dry goods and the Nasdaq Transportation Index, almost devoid of the rails, is a measure of what Dow Theory wants it to measure - transportation of goods activity. Why do we want to exclude the rails? Because they have become so heavily levered to commodity transport and commodities have become so heavily levered to the U.S. dollar mess. The transport indexes with a lot of rails look better, but that's just because the poor finances of the U.S. are driving down the dollar and driving up investor demand for commodities - the unprintable money. So to get a more honest look at economic health, it would be good to look at transports with no rails. TRANQ has just one last I checked.Complete Story » seekingalpha.com |
Rockwell Collins: Dividend Up Thanks to Resurgent Growth Chuck Carnevale submits:BackgroundRockwell Collins (COL) was founded in 1933 as Collins Radio. For more than 75 years the company has been recognized for high quality state-of-the-art technology in communications equipment. In more modern times, its tradition of excellence has expanded into aviation electronics and mobile and airborne communication systems.Complete Story » seekingalpha.com |
General Dynamic Wins $21.8M Deal Zacks.com submits: General Dynamics Information Technology, a business unit of General Dynamics (GD), has been awarded a five-year, $21.8 million contract to provide support to the new U.S. Navy Air and Missile Defense Command (NAMDC) at Naval Support Facility Dahlgren in Dahlgren, Virginia.Under the contract, General Dynamics will provide its expertise to support fleet unit readiness assessments, training, resource and requirements planning, systems engineering and science and technology experimentation.Complete Story » seekingalpha.com |
Boeing’s NewGen Tanker Could Generate 50,000 Jobs Zacks.com submits: Boeing Co. (BA) announced on Tuesday that it will create 2,500 jobs in Texas if its NewGen Tanker is selected as the U.S. Air Force's next aerial refueling aircraft. The company will also be able to generate an estimated economic impact of $125 million annually to Texas. Separately, Michigan will have 450 new jobs if Boeing wins the Pentagon's contract to build a new fleet of aerial refueling jets. This will also create an estimated $25 million in annual economic impact to Michigan.Complete Story » seekingalpha.com |
August Rail Traffic: An Upbeat Economic Indicator Donald Marron submits:August was a busy month for America’s railroads, according to the Association for American Railroads. Traffic spiked up, as often happens during the month. More importantly, August traffic was 11% higher than a year ago (the same gain as reported in July): Complete Story » seekingalpha.com |