The Dow Transports is telling stock investors to keep riding with the market
Mark Hulbert
The broad market typically does better when Dow Industrials outperforms the Dow Transports
Published:
The Dow Jones Industrial Average DJIA hit a new all-time high on Monday of this week, but its sister index — the Dow Jones Transportation Average DJT — is currently 7% below its high set in November 2021, almost three years ago.
How unusual is the underperformance of the Dow Transports — and how concerning is it?