Out of all the individual sectors within the Dow Jones Transportation Index, it’s the railroads that offer the largest number of stocks hitting new highs and that are outperforming their respective index chart for that particular sector. When looking at the stocks that make up each individual sector within the Transports, a strong stock that has a chance of gaining momentum is hitting new highs and a strong RSI (usually above 68). If I was only going to focus on one, it would be the Railroad Index.
Out of the airlines, ALK has a very powerful chart, especially if you look at the weekly. LSTR is the best chart in the trucking index.
UPS represents the Freight sector
KEX is the only chart worth looking at in the shippers.
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