CNI is a Canadian Rail company. With the possible strike in the US, this
company can help take goods from China to the east part of North America.
Technically it is a solid performer with good recent earnings. This is
a slow but steady mover low beta ignores the general stock market and
a recession will have little impact. In the past month no matter any
bear market rally overall, CNI has had relative strength.
I will go long with a far-out call option to grind out some profit with
low risk of unexpected volatility.
option.
company can help take goods from China to the east part of North America.
Technically it is a solid performer with good recent earnings. This is
a slow but steady mover low beta ignores the general stock market and
a recession will have little impact. In the past month no matter any
bear market rally overall, CNI has had relative strength.
I will go long with a far-out call option to grind out some profit with
low risk of unexpected volatility.
option.