Tag: transportation stocks

How to Predict Short-Term Price Direction With Two Special ETFs

Tuesday, we talked about the 6-month calendar range as a support level to hold in both the S&P 500 (SPY) and the Nasdaq 100...

Stock Market Update: Budgets, Debts and Transportation Sector!

The key sector to reflect optimism/pessimism about consumers, industrial demand, supply chain issues and the upcoming budget proposals is Transportation and the trading ETF...

Are Transportation Stocks Ready For Big Move Next Week?

Friday the transportation (IYT) sector made a comeback from this week’s lows along with clearing resistance from its 200-Day moving average (DMA) at $249.46. Next...

Does the Transportation ETF (IYT) Hold Fate of Stock Market?

When the market struggles to decide which direction to travel in, we tend to see increased volatility. Throughout last week the market was struggling to...

Airlines Uncertainty Continues To Weigh On Stocks

Airline stocks are moving into the fall months with a lot to prove, from a time and price perspective (looking at the charts) as...

Transportation Stocks Mired In Weakness… But For How Long?

All is not well in the land transportation stocks. Summer is here and the major stock market indices are trading near or at all-time...

Why Active Investors Should be Watching $IWM and $IYT This Week

The week started with a large rally and is now ending with the Nasdaq 100 (QQQ) and the S&P 500 (SPY) at all-time highs. Though...

Has the Infrastructure Bill Stolen the Inflation Spotlight?

The stock market steadied itself, as the major indices clear or head to new highs. Additionally, the media has slowed its aggressive inflation stance and...

Are Transportation Stocks Stifling a Major Market Breakout?

The S&P 500 Index ETF (SPY) and Small-caps Russell 2000 Index ETF (IWM) are lingering near all-time highs. This looks like a great setup for...

Bullish Investors Need Russell 2000 and Transportation Indices To Hold Support

For the small-cap Russell 2000 Index & ETF (IWM), $226.69 is an important price level to hold as it shows the index can sustain...

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