From Todd Shriber : As an exchange traded fund tracking a cyclical group of stocks, the iShares Transportation Average ETF (NYSEArca: IYT) may not be the first idea that comes to mind when investors think of ETFs that can help them ride out an economic slowdown.
From Chris Kimble: A swift 30 point drop (nearly 15%) from mid-September through the end of October has the Transportation Sector (IYT) testing important long-term support.
From Chris Vermeulen: Our research team, at www.TheTechnicalTraders.com, is alerting our members that the Transportation Index has reached its first level of support near 10,500 and this level may be the start of an extended bottoming formation.
From Chris Vermeulen: The recent upside breakout seen in the US Transportation Index is a very important signal for traders. Our research team has been following these moves for many months and we believe the recent upside breakout in the $TRAN is a strong sign of future US Equities price moves and all traders should […]
From Chris Kimble: The following chart looks at Transportation ETF (IYT) on a weekly basis. Its long-term trend remains up and nothing that has changed the trend.
Technical analyst Chris Kimble takes a close look at the all-important transports and finds a potential major breakdown in the works.
From Chris Vermeulen: Pay attention to the price movement of the transportation sector for a clearer picture of the future rally.
From Chris Kimble: Below looks at the Dow Jones Transportation Index since 1994. Is it possible that the Transports index is repeating the patterns that were created back in 1999 & 2007?
From Dana Lyons: After “handling” a 7-month consolidation period, transportation stocks appear to be moving higher again.
From Taki Tsaklanos: There are moments in the year which are more important than others. That is true in markets as well. Right now, several leading markets are trading at major inflection points, and that suggests it is one of those few moments in the year that investors really must pay attention.
The iShares Dow Jones Transportation Average Index Fund (IYT) underperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a dollar basis, producing a -1.41% one-day return and trailing the wider markets by a total of 1.4 percentage points.
From Zacks: The waning Trump trade appears to be back with a bang, at least for the Dow Jones Industrial Average (if not for the other two key U.S. equity gauges – the S&P 500 and the Nasdaq). On January 26, 2016, Dow hit the 20,000 mark for the first time in history. The index […]
From Chad Shoop: The market has been on a tear for the past month. The S&P 500 has soared roughly 8% from its November 4 near-term low, and this rally has come despite many investors shifting to cash before the election, or investing conservatively because the market felt like it was about to roll over […]
Earlier I shared with you that when it comes to President-elect Donald Trump, the media takes him literally but not seriously. His supporters, on the other hand, take him seriously but not always literally.
From Investing Haven: The Dow Jones Transportation Index has done extremely well in November. However, a retracement seems inevitable, and the depth of the retracement along with intermarket dynamics will determine whether the index is setting up for a buy opportunity.