Dow Jones Transports vs. Dow Jones Industrials
A big part of America’s economic output travels by rail and truck. When conditions soften for the rails and for truckers, a warning sign flashes for the economy as a whole. We track the Dow Jones Transports (DJTA) daily versus the Dow Jones Industrials (DJIA). When the transports weaken versus the DJIA, it is usually a bad sign.
Following is a description of trends and themes that are of current interest to us.Click for more