Transportation and Shipping Stocks

Activity in this transportation modal in a shipping yard mirrors stock values

Transportation and shipping stocks are among the oldest and most watched stock sectors

Dow Jones Transportation Average (DJTA), also known as the Dow Jones Transports, is the oldest U.S. stock index still in use. Originally solely composed of railroad companies, DTJA now also includes airlines, delivery services and logistics, trucking and marine transportation stocks.

Analysts measure the Dow Jones Industrial Average (DJIA) against the DTJA to confirm the U.S. economy’s health. Some even look to transportation and shipping stocks as market forecasters.

Recent Articles

Doing Nothing May be Traders’ Best Course of Action

Timing indicators tell us that the narrow range could last for another week or so. More 

Tired Market Needs to be Shaken Up

There are few signs of strength from a technical viewpoint. More 

Use Rallies to Increase Cash

Until the overhead of potential sellers is overcome, the market remains neutral at best. More 

Dow Transports Still on the Wrong Side of the Tracks

With the Dow Jones Transportation Average failing to confirm the advance, traders should remain caution. More 

Market Pattern is Positive, Though Suspect

Traders should still exercise caution at this juncture. More 

Major Reversal May be Just Around the Corner

With a pending Dow Theory non-confirmation, this is not the time to chase stocks. More 

Transports Give Cautionary Signal

The failure of the Dow Jones Transportation Average to hold above support is not a good sign. More 

Dow Closes in the Black for 2016, But…

As strong as the index may currently appear, it will probably not break to a new high. More 

Market Now Faces a More Serious Challenge

After moving through light resistance, the Dow indices are up against more significant overhead. More 

Don’t Chase Stocks Into Major Resistance Zones

Despite the run-up, volume and internal indicators are telling us to be cautious. More