The industrials and transports both hit a new closing high in a long-term buy signal. More
- Poll of the Day
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.
The Dow Theory non-confirmation must be resolved for the overall market to move higher. More
With the near-term trend in doubt, traders may be more successful shorting. More
The technical picture is positive, but volume and fear remain at very low levels. More