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.

Key Indices Reverse Up in Face of International Selling

Transports and small caps had a bullish day.

Dow Theorists Rejoice! We Have Confirmation

The industrials and transports both hit a new closing high in a long-term buy signal.

Industrials’ Failure Close to Being Confirmed by Sell Signal

The Dow Theory non-confirmation must be resolved for the overall market to move higher.

Buy the Dips in This Resilient Market

Stocks have held up in the face of bad news and still do not look overbought.

Get a Jump-Start on Your Portfolio Cleaning

Beat institutional investors to the punch and rid your portfolio of laggards now.

Bears’ Growls Drove Some to Safety

Investors fled to the relative safety of utility stocks and took profits in the transports.

Raise Cash in This Overbought Market

The charts remain positive, but I encourage readers to become more liquid.

Round of Profit-Taking May Precede New Highs

A new Dow Theory buy signal was issued, but the industrials have made three failed attempts at 17,000.

Which is the Better Side of the Market at the Moment?

With the near-term trend in doubt, traders may be more successful shorting.

3 Railroad Stocks That Are Anything but Nostalgia

Railroad stocks are riding to new all-time highs, but which railroad stocks are likely to keep riding conditions in the sector higher? Here are three of my favorites.

Don’t Take on Extra Risk in This Sluggish Bull Market

The technical picture is positive, but volume and fear remain at very low levels.

Market Says Economy Will Finish the Year Strong

New highs in key indices are telling us to expect an economic upturn in the next two quarters.

Watch for This Sign of Trouble Ahead

A break below important support on the Nasdaq may determine the market's direction for the remainder of the summer.

Is the Market About to Retrench?

Major indices did not respond well to positive earnings and economic news.

Will Today Be the Day the Dow Finally Does It?

The bullish case is growing for the most reliable of all technical events to occur.

Canadian Pacific: CP Stock on the Verge of a Breakout

Canadian Pacific Railway has passed its earnings test. As a reward, CP stock has the technical green light to keep movin' up the rails.

Dow Breakout Is Crucial to Market’s Continued Success

The industrials are knocking on the door of a major breakout that would trigger a Dow Theory buy signal.

Charts Offer Hope a Major Correction Can Be Avoided

Both the industrials and transports recovered their 50-day moving averages.

Is It Too Late To Go Long?

The market left many behind as it climbed an enormous "wall of worry."