“MAJOR Fed Decision As Oil And Yields Drop, S&P Bullish, Gold Attempts Rebound, Bitcoin Holds Support”
JBHT is attractive on pullbacks to support if oil prices decline; current weakness is due to fuel costs, not lack of trucking activity.
So, the first one I want to discuss here is JB Hunt. And this one's kind of a little bit of an earthquake in the near term, but it's kind of very been predictable. So, JB Hunt falls 10% pre-market after they announced an earnings miss coming up.
They pre-announced their earnings are in about a month, but they pre-announced saying that they're going to miss last quarter earnings by 10 almost 10%.