With another whipsaw upon us I swapped out the bearish charts for more bullish charts. I’m noticing many transportation stocks like ODFL, R, UTIW, TK and this could be very bullish if the $DJTI starts to turn up. Transportation stocks can be a barometer of the health of an economy as it’s a good sign that goods are being moved from one place to another. Obviously lower oil has been one catalyst in this sector so it will be interesting to watch if oil rises how it effects these issues.
