the industrial index increasing again, the possibility of a near-term correction is rising. THE DOW JONES TRANSPORTATION AVERAGE INDEX VS. INDUSTRIAL AVERAGE INDEX Source: Bloomberg, Guggenheim Investments. Data as of 4/16
XTN, the ETF with the next-highest exposure to airline companies is the shipper-intensive iShares Dow Jones Transportation Average Index Fund IYT (0.47% expense ratio). However, in IYT, the five air carriers held have fairly
performance of the price-weighted Dow Jones Transportation Average Index, which is the oldest ..... market cap is $80 billion. The Dow Jones Transportation Average Index typically adds and deletes ..... industry can consider iShares Dow Jones Transportation Average Index IYT. Because this exchange
as trucking, rail and airlines. Take a look below at a classic cyclical measure of the market, the Dow Jones Transportation Average , or Dow Jones Transports. The index, an average of 20 transportation companies in the U.S., reached
hands of the offense as the NASDAQ, S&P 100, S&P 500, and DJIA turned positive. That leaves the Dow Jones Transportation Average ( DJTA ) and the NYSE, our most important index, still in a defensive position. It is important to note
By Cam Hui : I see that there has been a certain amount of hand wringing about the poor performance of the Dow Jones Transportation Average (see example here ): According to the basic version of this theory, if the Dow Jones Transport Average
ebbing. This became a more considerable development near term based on the recent pullback in the Dow Jones Transportation Average ( DJTA ). The DJTA had led the DJIA higher from the start of 2012, but in early February a changeover occurred and
could be portending economic revival on the horizon. 4. Dow Jones Transportation Average Bullish Heading Into 2012 Strength in railroads, shippers and some airlines are giving the DJTA a boost that could fulfill Dow Theorist’s hopes that
metals, pharmaceuticals, railroads and retailers. Separately, it remains worth noting that the Dow Jones Transportation Average continues to perform substantially better than its Industrial Average counterpart so far in Q4. Dow
extensive selling period. One indication that this could prove to be the case this year is that the Dow Jones Transportation Average leaped ahead of its Industrial counterpart at the start of the fourth quarter and has posted about a