Rail and Truck Data Come In Strong

On Monday, I shared several thoughts on what the rash of flash June purchasing managers' index (PMI) data meant and how to play it. As a Real Money Pro reader, you know that smart investors don't hang their hat or their trades on one particular data point. Rather, we look for confirming signs along the way from a variety of sources. As the saying goes, you can't draw a straight line unless you have at least two points and preferably more. With that in mind, here we go: 

Intermodal traffic leads the rails. Recently, U.S. intermodal volume recorded its highest week in history, according to the American Association of Railroads. For those who are unfamiliar with the term, intermodal freight transport involves the transportation of freight in an intermodal container or vehicle, using multiple modes of transportation (rail, ship and truck), without any handling of the freight itself when changing modes....498 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.