Transportation and Shipping Stocks

transportation shipping stocks My New Target for the Nasdaq

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

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 

Can the Market’s Technical Difficulties Be Overcome?

Buyers must emerge before the key indices break through the next major support lines. More 

Transports’ Collapse Pulls Rug Out From Under Bulls

The triple-digit decline in the Dow Jones Transportation Average can't be ignored. More 

Non-Confirmation Still Troubling Traders

The transports' inability to follow the industrials to a new high is unnerving. More