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

______________________________

CNBC Data Pages:

______________________________ Disclosures:

Disclosure information was not available for Jason Seidl, Dan Fitzpatrick, or their companies.

Disclaimer

ACI News & Analysis

 Final Glance: Coal companies - 1 hr ago

 NYSE stocks posting largest percentage increases - 9 hrs ago

 Midday Glance: Coal companies - 9 hrs ago

 Early Glance: Coal companies - 12 hrs ago

 Final Glance: Coal companies - 20 May 2013 EDT

 More ACI News