One Bullish Indicator For Main St AND Wall St
Transportation stocks (IYT), are a very important area for both Main St AND Wall St. Why? Because they move “Stuff” and that typically serves as a good proxy for the economy and ultimately corporate earnings (a key component to higher stock prices). The following annotated chart shows how the IYT (Transports ETF) is strongly out performing the popular averages and why that bodes well for both Main St AND Wall St…
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DJ Transportation ETF: $IYT