http://www.money-zine.com/Investing/Stocks/Dow-Jones-Transportation/ fedex, kansas city southern and union pacific top weighted trans stocks
I have booked partial on my morning long trade. still holding the other ones hoping to get 1516 and 1518. My time out window is 2pm. If nothing happens by then I will close and call it a day. NQ is super strong today, my guess is that it will pull along ES as well.
in your experience one stock like ksu - can it impact the index move? I guess had it been AAPL, maybe it would. But KSU - would it? Curious.
either those 3 will lead the rest, or they are being used to manipulate the trans index,trucking and railroad index lean towards the latter,so far all attempts at manipulation have worked for the puppeteers,its just that the basket traders /arbs dont use these stocks as far as i know ,its a low liquidity play