Tag: dow jones transportation average
Can the Stock Market Live on Canned Rations?
Stocks were mixed today as traders favored energy and tech stocks, while staying away from Industrials and Transports.
Let’s review key price levels on the...
It’s Been the Russell 2000 and Transportation Market Show
Stocks were generally lower today, however, the Russell 2000 and Transports bucked the broader stock market and finished in the green.
Let’s review current price...
Stock Market Trends Update & Outlook (Week 19)
The Big Picture
Investors are operating in a climate that is prone to reversals and quick moves so we must remain focused on managing our...
The Stock Market Is Holding Just Above Key Price Supports!
Stocks have been see-sawing and whipping around the past couple weeks, but one thing remains...
Stocks are holding on above key price support across several...
Investors: Put The Dow Transports On Your Radar!
The Dow Jones Transportation Average can be a great market "tell" for investors. Especially when it's outperforming or underperforming the broader market.
Dow Theory comes...
Dow Transports: Bulls Don’t Want To See Weakness Develop Here!
For the past 30 years, the Dow Jones Transportation Average has traded within a wide price channel (marked by 1's on the chart below).
On...
Breakout In Transports: The Essence Of Dow Theory
When Charles Dow first wrote about industrial and railroad stocks in the Wall Street Journal, he stressed the importance of the averages confirming one...
Dow Transports ETF (IYT): A Bullish Setup Into Year-End
The transportation sector should provide some decent trading opportunities in coming months. We are particularly interested in the Elliott wave pattern we believe is...
Dow Theory And What It Means For The Primary Bull Market
Charts Monitor, Rather Than Dismiss Fundamental Data
Critics of technical analysis often mistakenly believe that using charts discounts the importance of fundamental data, such as...
Dow Transports: Will This “Look Alike” Pattern Spell Trouble Again?
The Dow Jones Transportation Average (INDEXDJX:DJT) made new highs in March of 2017. This is typically a bullish development, but it has yet to see "follow-through"...
