Transportation and Shipping Stocks

Activity in this transportation modal in a shipping yard mirrors stock values

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.

Is a Change in Trend at Hand?

The large-cap indices are flashing some warning signs.

Too Many Mixed Signals to Go Chasing Stocks

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

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.

Can the Market’s Technical Difficulties Be Overcome?

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

Transports’ Collapse Pulls Rug Out From Under Bulls

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

Non-Confirmation Still Troubling Traders

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

The Dow Number to Watch Today

A close below this level would result in a much weaker near-term situation.

What to Watch for Clues to the Next Sell-off

We may be due for a mild round of profit-taking.

Expect Profit-Taking Before the Next Push Higher

Stocks fell flat this week after receiving good news.

If Europe Disappoints, Look Out Below

The market has already discounted a 50 billion euro monthly bond-buying program.

Is the Bull Market in Danger?

The short-, intermediate- and long-term trends are all in question.

Take a Bullish but Cautious Approach

Be sure to use stops since volatility can turn a profit into a loss in a blink.

Norfolk Southern: Hitching a Ride on Economic Recovery

Norfolk Southern is a well-managed railroad with high operating margins and growing freight volumes. With a lock on lucrative eastern U.S. rail routes, NSC is a safer bet on the resurgence of the cyclical transportation sector.

Will the Dow Indices Break Down or Bounce?

The industrials and transports are at critical support areas.

Prepare for a Nasty Round of Selling

We can expect a pullback to the 50-day moving averages of the major indices.

Trade of the Day: Alcoa (AA)

My Trader’s Advantage subscribers have had good luck lately with retailers, health care, transports and industrials -- and today I’m recommending a trade that is closely related to the latter two groups in particular.

Delta Air Lines: a Cheap Seat for Long-Distance Growth

Delta Air Lines' stock is poised for take off. With its compelling valuation, DAL is your best bet to profit from the global aviation industry's return to health.

Think Twice About Entering New Positions Here

Negative signals abound following the euphoria of the break to new highs.

Bulls May Get a Trick Rather Than a Treat This Halloween

Despite big gains, there are a few negatives lurking.