Transportation and Shipping Stocks

transportation shipping stocks Why This Bull Market Has 2 3 Years Left

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

Why This Bull Market Has 2-3 Years Left

Despite warnings that the market is overheated, we have not yet entered the overvalued phase. More 

Transports Don’t Paint a Pretty Picture for Rest of the Year

They are barely hanging onto a triple-bottom and face significant overhead resistance. More 

Are the Transports Bottoming?

The Dow Jones Transportation Average is showing preliminary signs of strength. More 

Trade of the Day: United Continental (UAL)

My indicators are telling me that holding some put positions is prudent. Here’s one such trade on the beaten-down airline sector. More 

Key to Trading the Toughest Market in Years

The tug-of-war between breakout and breakdown is wearing traders out. More 

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