Transportation and Shipping Stocks

transportation shipping stocks Dow Theorists Rejoice! We Have Confirmation

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

Dow Theorists Rejoice! We Have Confirmation

The industrials and transports both hit a new closing high in a long-term buy signal. More 

Industrials’ Failure Close to Being Confirmed by Sell Signal

The Dow Theory non-confirmation must be resolved for the overall market to move higher. More 

Buy the Dips in This Resilient Market

Stocks have held up in the face of bad news and still do not look overbought. More 

Get a Jump-Start on Your Portfolio Cleaning

Beat institutional investors to the punch and rid your portfolio of laggards now. More 

Bears’ Growls Drove Some to Safety

Investors fled to the relative safety of utility stocks and took profits in the transports. More 

Raise Cash in This Overbought Market

The charts remain positive, but I encourage readers to become more liquid. More 

Round of Profit-Taking May Precede New Highs

A new Dow Theory buy signal was issued, but the industrials have made three failed attempts at 17,000. More 

Which is the Better Side of the Market at the Moment?

With the near-term trend in doubt, traders may be more successful shorting. More 

3 Railroad Stocks That Are Anything but Nostalgia

Railroad stocks are riding to new all-time highs, but which railroad stocks are likely to keep riding conditions in the sector higher? Here are three of my favorites. More 

Don’t Take on Extra Risk in This Sluggish Bull Market

The technical picture is positive, but volume and fear remain at very low levels. More