The Traderszone Network

Published in TZ Latest News 17 May, 2016 by The TZ Newswire Staff

AIRLINE SELLING HAS WEIGHED ON TRANSPORTS — BUT THAT MAY BE IMPROVING

TRANSPORTS SHOW SHORT-TERM WEAKNESS… One of the market’s short-term problems has been the recent downturn in transportation stocks. The daily bars in Chart 1 show the
Dow Jones Transportation Average ($TRAN) slipping below its April low and trading under its moving average lines. So far, the decline has been relatively modest. But it has been enough to put some