Following the Tracks of the Dow Transports May Give Clues to the Market

by Richard Evans

Following The Tracks Of The Dow Transports May Give Clues To The Market Splash image

Who cares about the transports?

That was the question I was asked in a radio interview on May 17. The producer of the program asked me what topic I would like to discuss, and when I said the Dow Jones transports, the young man was puzzled I chose a topic on which there was so very little interest. The radio producer, needless to say, is not the only observer who has so little regard for the transports.

However, at the time, the transports were telling a very interesting story on the market, as they were not confirming the records set in the other indexes, such as the Dow Jones industrials and the S&P 500.

...To continue reading this article you must be registered with AAII.

Gain exclusive access to this article and all of the member benefits and investment education AAII offers.
JOIN TODAY for just $29.
Log in
Already registered with AAII? Login to read the rest of this article.

Register for FREE
to read this article and receive access to future AAII.com articles.
  


Discussion

No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In