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Tickers in this Article: GMLP, SSW, CEA, KEX, AIRM, KSU, ALGT
After the morning's trading, the Nasdaq has moved little, the S&P 500 has decreased 0.2% and the Dow has declined 0.3%. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

On a quiet day for the market overall so far, the Transportation sector (IYT) has slipped 0.2% and its biggest movers are currently:
CompanyMarket CapPercentage Change
Golar LNG (Nasdaq:GMLP)$976.5 million-5%
Seaspan (NYSE:SSW)$1.04 billion+2.5%
China Eastern Airlines Corp. Ltd (NYSE:CEA)$4 billion+2.4%
Kirby (NYSE:KEX)$3.32 billion-2.2%
Air (Nasdaq:AIRM)$1.39 billion-1.6%
Kansas City (NYSE:KSU)$9.18 billion-1.6%
Allegiant Travel (Nasdaq:ALGT)$1.43 billion-1.4%
Forex Broker Summary: Forex Capital Markets (FXCM)

Golar LNG (Nasdaq:GMLP) is currently trading at a share price of $30.49, a 5% decline. So far today, 1.4 million shares of the company's stock have changed hands. This is more trading activity than there was yesterday.

Rising 2.5%, Seaspan (NYSE:SSW) is currently trading at $16.95 per share. At 66,663 shares, the company's volume so far today is 0.8 times the average daily volume.

China Eastern Airlines Corp. Ltd (NYSE:CEA) is up 2.4% to reach a current price of $18.18 per share. The company's volume for the day so far is 5,942 shares.

Kirby (NYSE:KEX) is trading at $58.09 per share, down 2.2%. With 45,315 shares changing hands so far today, the company's volume is 0.1 times its average over the past three months.

Falling 1.6%, Air (Nasdaq:AIRM) is currently at a share price of $106.38. The company's volume for the day so far is 28,334 shares. At this rate, trading activity will likely be down from yesterday when 99,957 shares changed hands.

After a decline of 1.6%, Kansas City (NYSE:KSU) has hit a share price of $82.11. The company's volume is currently 163,074 shares for the day, 0.2 times the average daily volume.

At $73.14, Allegiant Travel (Nasdaq:ALGT) has slipped 1.4%. So far today, 33,803 shares have changed hands.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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