Dow Transports - Weekly Sell SignalDow Theory Sell Signal is Active.
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The Primary Global Index used for Confirmation:
The Baltic Dry Index has collapsed from 5829 to 1764.
The Baltic Dry Index is reported daily by the Baltic Exchange
in London. The index provides a benchmark for the price of
moving the major raw materials by sea. The index is a composite
of three sub-indices that measure different sizes of dry bulk carriers:
Capesize, which typically transport iron ore or coal cargo.
Panamax, which usually carry coal or grain cargo.
Supramax, with a carrying capacity.
The Baltic Dry Index takes into account 23 different shipping routes
carrying coal, iron ore, grains, and many other commodities.
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The Dow Jones Transportation Average is a price-weighted average
of 20 transportation stocks.
As a Leading Indicator, the Dow Jones Transportation Average is a
Primary Indicator for the direction of the Dow Jones Industrial Average.
DJT Components:
Alaska Air Group, Inc. (ALK)
American Airlines Group Inc. (AAL)
Avis Budget Group, Inc. (CAR)
C.H. Robinson Worldwide, Inc. (CHRW)
CSX Corp. (CSX)
Delta Air Lines, Inc. (DAL)
Expeditors International of Washington, Inc. (EXPD)
FedEx Corp. (FDX)
J.B. Hunt Transport Services, Inc. (JBHT)
JetBlue Airways Corp. (JBLU)
Kansas City Southern (KSU)
Kirby Corp. (KEX)
Landstar System, Inc. (LSTR)
Matson, Inc. (MATX)
Norfolk Southern Corp. (NSC)
Ryder System, Inc. (R)
Southwest Airlines Co. (LUV)
Union Pacific Corporation (UNP)
United Airlines Holdings, Inc. (UAL)
United Parcel Service (UPS)
