Transport ETFs Saying All the Right Things
April 23, 2014 at 08:15 AM EDT
Fans and followers of the Dow Theory will be excited to know the iShares Transportation Average ETF (NYSEArca: IYT) touched an intra-day, all-time high Tuesday on volume that was nearly 21% above the daily average for the trailing three months. “For technicians, the century-old Dow Theory states...