Transports confirm the Dow, because if goods are being produced, they have to be shipped somewhere. We’ve had a good run, but the market expected a bit of a correction from August, and this has gone down recently. Doesn’t think that is terminal. Chart shows a big rounded base for 2015-2016 with pretty positive action in 2017. Unless it breaks the lower band of around $160-$164, this is quite constructive and quite positive.
Seasonally, transportation has done very well from about the middle of October right through until the 1st week in January. This just broke to a new high today, and completed a reverse head and shoulders pattern. On a fundamental basis, lower energy costs are going to help the companies going forward.
This includes all the US railroads as well as the airlines. This has just entered into a period of seasonal strength which continues right through until May of each year. Of greater importance, the transportation sector has started to show signs of outperformance in the last couple of weeks. Has started to outperform the market which is really important at this time of the year. It could get back to the $151 level during this period of seasonal strength.
Is it better to use equal weight ETFs or full weight ETFs for seasonal investing? There are 3 different types of weightings. Price Weighting, which would be an ETF where the biggest position would be the largest stock price. Cap Weight, which is market price times shareholders. Or Equal Weight. Believes this one is a Price Weight. He is not crazy about price weighted indexes or ETFs because the company with the largest share price pretty much drives the bus. The equal weight SPDR Transport (XTN-N) always outperforms the price weight
iShares Dow Jones Transport ETF is a American stock, trading under the symbol IYT-N on the BATS Global Markets (IYT). It is usually referred to as AMEX:IYT or IYT-N
In the last year, there was no coverage of iShares Dow Jones Transport ETF published on Stockchase.
iShares Dow Jones Transport ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Dow Jones Transport ETF.
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In the last year, there was no coverage of iShares Dow Jones Transport ETF published on Stockchase.
On 2025-04-01, iShares Dow Jones Transport ETF (IYT-N) stock closed at a price of $63.95.