The above chart shows oil inventories in the U.S. versus a 10-year average. With oil inventories high, it's likely the price of oil will continue to fall. This is a boon for transport stocks, which would benefit from the lower cost for fuel. Stocks that could benefit from this trend include: FDX, UPS, CSX, NSC, WERN and R among others.
Charts to keep on your radar:
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