The Traderszone Network

Published in TZ Latest News 30 October, 2015 by The TZ Newswire Staff

Battered transport stocks could attract on price

Continuing weakness in railroad and trucking companies have pushed the Dow Jones Transport Average index away from the S&P 500, a divergence that often is seen as a broad sell sign. “There is no ‘sell’ signal as far as I’m concerned,” said Katie Stockton, chief technical strategist at BTIG in New York.