(1) Dow Theory is bullish for now. (2) From divergence to convergence. (3) Central banks delivering liquidity, while truckers and trainmen deliver the goods. (4) Transport’s forward earnings moving forward. (5) Car loads loaded with oil, autos, and lumber. (6) Intermodal loadings trending higher along with business inventories. (7) Trucks hauling record freight. (8) Rally in transportation stocks fueled more by domestic than global economy. (9) Focus on market-weight-rated S&P 500 Transportation.
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