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Transportation Stock Indices Send Bullish Message About Global Economy

Transportation Stock Indices Send Bullish Message About Global Economy

by Chris Kimble | May 4, 2021 | Kimble Charting

Transportation-related stocks tend to be economically sensitive. So it was no surprise to see them fall sharply last March as the COVID-19 coronavirus gripped our news and nation. But since bottoming last year, the Dow Jones Transportation Average and Baltic Dry...
Dow Transports: Bulls Don’t Want To See Weakness Develop Here!

Dow Transports: Bulls Don’t Want To See Weakness Develop Here!

by Chris Kimble | Jan 26, 2018 | Kimble Charting

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 a few occasions, the Transports have reached the top of this channel, last week being one of them (see point 2 on the chart...

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