Union Pacific (UNP) Rails Higher

Posted on Jan 19 2017 - 1:18pm by Sharpe Trade

Despite the fact that a static-flavored perpetual cloud layer has settled into Southeast Michigan; making me feel as if I am living in the cold, grey and overcast dead land of “Mordor”, today has actually been a really good day.

Union Pacific (UNP) , which we hold as a Equity Income piece reported earnings and lept higher to the tune of ~+5%. I think at the moment, intra-day it is trading higher by +2.08%.  Folks who have sailed these waters know that I have talked about being long Union Pacific (UNP) before the 2:1 split a few years back.  I said it in my StockTwits stream, but I’ll say it again now.  No investment or trade is ever a ‘gimme’.  But boy, Union Pacific (UNP) is about as close as you can get to a ‘gimme’ trade.  Accounting and Valuations 101.

Our non-directional trades are down a bit this afternoon, but up for the month over-all.  And still beating other similar processes for the last six months. 

With our long/short book, we are still short AMPH.  We are still long PGX.  We are still long SYNT.  AMPH slid through that $16.50 region at the open, like butta.  But SYNT is still dinking around.  The positions en totum are up something like ~ +0.64% at the time of this writing.

How are we finding these trades?
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6 Comments so far. Feel free to join this conversation.

  1. mappy January 19, 2017 at 2:13 pm - Reply

    UNP is sexy. UNP don’t care about no scrubs. UNP chases waterfalls. lol Great chart, great company.

    The UVXY is up today. time to sell everything and panic!!!! Let’s hope people do. i want to get back in at a big discount.

    I really like seeing TGT taking a crap. I think Target is a good company and I would love to buy it in the $50’s if I could get so lucky!

    • MercuryBlack January 19, 2017 at 3:47 pm - Reply

      What aspects about TGT do you like?

      • mappy January 19, 2017 at 7:24 pm - Reply

        #1 price

        #2 dividend

        #3 size of company

        #4 future growth

  2. mappy January 19, 2017 at 2:43 pm - Reply


    Why I like Mike. #1 reason. Good times! LOL!

    • Dan January 20, 2017 at 7:53 am - Reply

      Ok, the imitation about 2:15 in … that one had me laughing …


      • mappy January 20, 2017 at 9:51 am - Reply

        He’s Peter chit’s doppleganger. I always loved listening to them battle on Fox Business back in the day.

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