Transports Lagging

10/13/2009 12:43 pm EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart
Click to Enlarge

While the Dow Industrials are close to the September highs, the Transports are still well below their highs. The Transports peaked on September 17 and the Industrials on September 23, but the Transports corrected 9.8% to the October lows, double that of the Industrials. Weekly studies are positive, but could diverge on new highs.

Related Articles on STOCKS

Keyword Image
11 Reasons to Buy Microsoft
16 hours ago

For our latest recommendation, we revisit one of the world's most prominent technology companies, Mi...

Keyword Image
A Trio of Top-Tier Biotechs
16 hours ago

We hold three biotech stocks in our growth portfolio — Biogen (BIIB), Bioverativ (BIVV), and R...

Keyword Image
Saudis, Oil and ETFs
16 hours ago

Under the guise of clamping down on “widespread corruption,” Prince Mohammed bin Salman ...