Truckers, however, such as Landstar System and J.B. Hunt Transport Services, continue to move higher, Fitzpatrick noted.
"They’re in pretty nice uptrends," he said. While he is "pretty bullish on the market," sometimes I think the biggest red flag is no red flag."
Additonal News: Patriot Coal Cuts Production on Weak Demand
Additional Views: Jefferies Raises Landstar System Price to $51 from $43 a Share
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Disclosure information was not available for Jason Seidl, Dan Fitzpatrick, or their companies.
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