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Tickers in this Article: HII, GWR, GSH, GLNG, GOL, UHAL, WAB
It's been a good morning for the market. The Nasdaq is trading up 0.3%; the S&P 500 has moved up 0.6%; and the Dow has risen 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.

Outperforming the market overall, the Transportation sector (IYT) is up 0.5% and its biggest movers so far today are:
CompanyMarket CapPercentage Change
Huntington Ingalls Industries (NYSE:HII)$2.06 billion+2.9%
Genesee & Wyoming (NYSE:GWR)$2.81 billion+2.7%
Guangshen Railway Co. Ltd (NYSE:GSH)$2.4 billion-2.4%
Golar LNG Limited (Nasdaq:GLNG)$3 billion+1.8%
Gol Linhas Aereas Inteligentes SA (NYSE:GOL)$1.44 billion-1.7%
AMERCO (Nasdaq:UHAL)$2.13 billion+1.4%
Westinghouse Air Brake (NYSE:WAB)$3.97 billion+1%
Broker Summary: TD Ameritrade Thinkorswim

Huntington Ingalls Industries (NYSE:HII) is at $42.87 per share after an increase of 2.9%. At 74,456 shares, the company's volume so far today is 0.2 times the current three-month average. Volume is also used as a secondary indicator to help confirm what the price movement is suggesting.

Increasing 2.7%, Genesee & Wyoming (NYSE:GWR) is trading at $70.44 per share. The company's volume for the day so far is 500,926 shares. This is in line with its current daily average. Volume is an important indicator because it indicates how significant a price shift is.

Falling 2.4%, Guangshen Railway Co. Ltd (NYSE:GSH) is currently at a share price of $17.22. At 6,470 shares, the company's volume so far today is while it was 54,363 shares yesterday. Volume indicates the level of interest that investors have in a company at its current price.

Golar LNG Limited (Nasdaq:GLNG) has increased to a share price of $37.99, a 1.8% rise. The company's volume for the day so far is 97,302 shares. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is.

After a decline of 1.7%, Gol Linhas Aereas Inteligentes SA (NYSE:GOL) has hit a share price of $5.24. The company's volume for the day so far is 424,600 shares, 0.3 times its current three-month average. Volume is used to evaluate how meaningful the price movement of a stock is.

AMERCO (Nasdaq:UHAL) has moved up 1.4% and is currently trading at $110.24 per share. This morning, the company's volume is 28,542 shares. This is 0.7 times the current daily average. If a stock price makes a big move up or down, volume lets us know the significance of that move.

Rising 1%, Westinghouse Air Brake (NYSE:WAB) is currently trading at $83.70 per share. This morning, 59,802 shares have been traded, consistent with the volume from yesterday lighter than yesterday's volume of 138,744 shares. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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