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Keyword: dowtransports

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  • The other DJT -- Dow Jones Transports is on fire

    01/12/2017 10:00:31 AM PST · by RoosterRedux · 21 replies
    money.cnn.com/2017/ ^ | Paul R. La Monica
    Here's some potentially great news for Donald J. Trump. A key market barometer that shares the President-elect's initials has been rallying lately. And that's often a promising sign for the broader markets and economy. The Dow Jones Transportation Average (DJT) -- often referred to by traders as the DJT or the Dow Jones Transports -- is up more nearly 10% since the election and has continued to head higher so far in 2017. Why is that a positive for Trump? The DJT has 20 key airline, railroad, trucking and shipping stocks in it. American (AAL), United (UAL), Union Pacific (UNP),...
  • A stock market 'leading indicator' is tanking. But why?

    06/10/2015 6:21:47 AM PDT · by Citizen Zed · 10 replies
    cnn money ^ | 6-10-2015
    For investors, the next best thing to a fortune teller is the Dow Jones Transportation Index. The index -- often referred to as "Dow Transports" for short -- is made up of 20 top railroad, airline, trucking and delivery services stocks. Think: Delta (DAL), FedEx (FDX) and Union Pacific (UNP). When it goes up, the rest of the stock market often follows. And when it goes down, well, you get the idea. Right now, the Dow Transports (DJT)is sinking. It peaked on December 29 and has been sliding pretty much since then. It's now down 9% in 2015. "There's anxiety...