Sunday, February 13, 2011

Transportation Stock Indexes



The Dow Jones Transportation Average (DJTA) rose last week to a cyclical high. Dow Theory technicians are most bullish when a rising DJIA is confirmed by its DJTA cousin.


  

The S&P 500 Transportation Index rose to another record high at the end of the week. It was led by another record high for the Railroads industry.




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