Saturday, January 22, 2011

Transportation ETFs Poised for a Fall?

Tom Lydon submits:

The Dow Jones Transportation Index has been showing some interesting signs of life of late, but other pressures threaten to keep transportation exchange traded funds (ETFs) down for the time being.

According to The Wall Street Journal, the strength in the Dow Jones Transportation Index for many months has signaled a strengthening of final demand. When final demand increases, movement of physical goods does, too.


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