The Trannies are In Charge
I’ve been very impressed by the surge in transportation stocks. Check out the performance of the Dow Transports compared with the S&P 500.
Since September 21, the Dow Transports are up 25%. If the Dow Industrials had done the same, they’d be closing in on 17,000 today. I think the strength of the trannies indicates good things for the economy.
Posted by Eddy Elfenbein on April 2nd, 2013 at 12:31 pm
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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TSLA and MSFT both -4% AH
ATHs today for JPM, MS and BK
today's newsletter https://cws.substack.com/p/cws-market-review-january-28-2025
Nice earnings from Stryker. $4.01 vs 3.87 est.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 