Transportation and Shipping Stocks

transportation shipping stocks Trade of the Day: United Parcel Service (UPS)

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

Trade of the Day: United Parcel Service (UPS)

UPS is a stock I have followed for decades. Friday’s close above $102 was bullish, and a move above $104 could lead to a run at its 52-week high north of $114. More 

Fed’s Warning Keeping Investors Out of the Market?

Bond sellers are not likely to put their proceeds back into U.S. stocks. More 

Watch Support Lines in This Fickle Market

Wait for further confirmation of a decline or just another false breakdown. More 

My New Target for the Nasdaq

The bullish "W" formation on the chart provides a fairly reliable target of 5,200. More 

Choo Choo! Look for CSX Corporation to Go Full Steam Ahead!

A two-day rally in CSX Corporation (CSX) stock took place in a technically crucial juncture. Now, CSX stock finds itself in a good position. More 

The Cat is Just as Dead as it Was on Friday

The recovery bounce may have come as a relief, but the technical picture has not changed. More 

Be Alert for a Major Change in Trend

The Dow Jones Transportation Average should eventually reveal the ultimate direction of the market. More 

Is a Change in Trend at Hand?

The large-cap indices are flashing some warning signs. More 

Too Many Mixed Signals to Go Chasing Stocks

Despite a number of bullish features, Dow Theory has failed to confirm. More 

A Break Below These Levels Could Trigger a Major Pullback

A violation of key inflection points would be a clear signal to move to the sidelines. More