The DJTA undercut psychological support at 10,000 last week and settled above that level, signalling a potential buying opportunity.
The Dow Jones Transportation Average has finally cleared 2014 resistance and the psychological 10,000 level.
The Dow Jones Transportation Average broke down this week, setting off sell signals that could affect the broader market.
Nearby support on the charts of key transportation stocks could provide the best buying opportunity since July 2016.
Transportation sector earnings have been sold aggressively, which could spell trouble for broader benchmarks.
The D.J. Transportation Average broke out to a three-month high, setting the stage for a test at bull market and all-time highs.
Nearby support from ascending trendlines and 200-day moving averages on these transportation assets suggests that now could be a good time to buy into the uptrend.
These ETFs have high potential for gains in 2018 with increased interest in the airlines category.
Three ETFs for investors seeking exposure to the transportation sector.
Strategas suggests semiconductors, not transportation, are "a better measure of market health in an economy increasingly based on information technology."