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Stock impact report

This Century-Old Investor Theory Just Scored A Bullish Bump From Strong J.B. Hunt, United Earnings [Yahoo! Finance]

J.B. Hunt Transport Services, Inc. (JBHT) 
Last j.b. hunt transport services, inc. earnings: 4/14 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: jbhunt.com/company/investor_relations
Company Research Source: Yahoo! Finance
A nearly century-old theory, "Dow Theory" says that moves in the Dow Jones Industrial Average should follow the trend of the similarly-situated Dow Jones Transportation Average to make a durable trend, and vice-a-versa. Only, they haven't been doing that. Year-to-date, the DJIA is up 8.72%, while the Transportation Average is down -2.5%. And while the theory might not have as much standing in a world dominated by tech giants and data center spending, investors who live by the nearly century-old theory have been looking for the two indexes to finally start trending the same way. Wednesday might represent a step in the right direction, as a start. On Wednesday, Dow disciples scored a win as J.B. Hunt Transport Services and United Airlines parent UAL Holdings reported earnings, bolstering a flat Transportation index in after hours trading. J.B. Hunt The logistics and freight company J.B. Hunt hit it big on the top and bottom line, with revenues coming in flat at $3.05 billion, a Show less Read more
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