Bryan Leighton's Blog Posts Tagged 'UPS' (9)

Transports Could Be Set For Short Term Rebound

Many of the leading transportation stocks have sold off recently. The railroad stocks have been some of the sharpest decliners in the transport sector. Many of these leading stocks are now trading around short term daily chart support levels. Stocks such as Union Pacific Corp (NYSE:UNP), CSX Corp (NYSE:CSX) and Norfolk Southern Corp (NYSE:NSC) are all trading in positive territory this morning. It is important to note that all of the leading railroad stocks are now trading below the…

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Added by Bryan Leighton on March 7, 2012 at 10:25am — No Comments

Transports Head South

This morning, the important transportation sector is declining sharply lower. The iShares Dow Jones Transportation Index (NYSEARCA:IYT) is trading down by $1.41 to $$93.40 a share. This index is followed by many institutional traders as a leading indicator. When the transports decline it is a sign of economic weakness and contraction. The opposite is true when the transports advance, it is viewed as a sign of economic expansion and growth. Traders can watch for intra-day support on the…

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Added by Bryan Leighton on February 10, 2012 at 10:53am — No Comments

Transports Are Sending Mixed Signals

Yesterday, the Dow Jones Transportation Index ETF (NYSE:IYT) closed sharply higher making a new five month high. The IYT has rallied higher by $23.00 since the ETF traded as low as $70.81 a share on October 4, 2011. Short term traders can watch the IYT to have intra-day support around the $93.75 and $93.00 levels.



This morning, FedEx Corp (NYSE:FDX) is trading lower by $1.22 to $91.82 a share. This leading transportation stock is finally pulling back a little…

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Added by Bryan Leighton on January 20, 2012 at 10:16am — No Comments

Transports Fail To Participate In Rally

There is one important stock sector that is failing to participate in today's early rally, it is the transportation sector. This sector is followed closely by many traders and investors as an indication of economic expansion when it rallies and economic contraction when it declines. After all, products must be shipped and delivered, therefore, this is usually a leading indicator. This morning, the iShares Dow Jones Transportation ETF (NYSE:IYT) is declining lower by 0.50 cents to…

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Added by Bryan Leighton on January 17, 2012 at 10:30am — No Comments

Transports Go South Side Early

This morning, the iShares Dow Jones Transportation ETF (NYSE:IYT) is trading lower by $1.13 to $91.77 a share. Since December 14, 2011 the transportation index has been rising steadily higher. This is the first trading day of 2012 that the important index has come under some selling pressure. Short term traders can watch for intra-day support on the IYT around the $91.50, and $90.85 levels.



Some leading transportation stocks that are trading lower this morning…

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Added by Bryan Leighton on January 13, 2012 at 10:24am — No Comments

Transport Stocks Fail To Deliver

This morning, the leading transportation stocks are coming under some heavy selling pressure along with the major stock indexes. The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is trading lower by $1.44 to $84.88 a share. Short term traders can watch for intra-day support around the $84.75 and $83.90 levels. Many traders and investors will follow the transportation index very closely as a sign of expansion and contraction in the global economy. Obviously, the transportation…

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Added by Bryan Leighton on November 21, 2011 at 10:21am — No Comments

Transports Turn Negative

This morning, the iShares Dow Jones Transportation ETF (NYSE:IYT) has faded after a strong gap higher open. The IYT is now trading lower by 0.43 cents to $87.26 a share. Traders should watch for short term intra-day support around the $86.40 level. The transports are highly followed by many traders and investors as a leading indicator for the stock market. When the transports decline it is a sign of economic contraction. The opposite is true when the transports trade higher, it will…

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Added by Bryan Leighton on November 8, 2011 at 11:25am — No Comments

Transports Surge Early, Can They Be Trusted?

This morning, the Dow Jones Transportation Average (DJT) is surging higher by over 100.00 points to 4464.20. The iShares Dow Jones Transportation Average (NYSE:IYT) is trading higher by $2.01 to $80.69 a share. Traders and investors will usually follow the transports very closely because they will often signal economic expansion and contraction. Many traders that follow Dow Theory will also watch the transports to see if they confirm the move in the Dow Jones Industrial Average.… Continue

Added by Bryan Leighton on September 13, 2011 at 10:30am — No Comments

Transports Rebound Early

This morning, the Dow Jones Transportation Index is trading higher by 1.02 percent. The iShares Dow Jones Transportation Average (NYSE:IYT) is trading higher by 0.84 cents to $83.59 a share. Often when the transportation index trades higher it is a sign of economic strength and expansion. It is important to note that this important index has been bludgeoned in the month of July. The transportation index made a pivot low on August 9, 2011 along with the major stock indexes. Short term… Continue

Added by Bryan Leighton on August 17, 2011 at 10:18am — No Comments

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