Century-Old Dow Theory Flashes Bullish Sign for US Equity Rally [Yahoo! Finance Canada]
Siebert Financial Corp. (SIEB)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance Canada
(Bloomberg) -- Equity traders looking for signs that a blistering stock-market advance is set to continue may take their cue from the companies that move goods across America's roads, rails and waterways. The Dow Jones Transportation Average has gained for nine consecutive days, a winning streak seen just five other times this century. It blew past a resistance level where gains have stalled over the past yea. Most Read from Bloomberg Truckers, shippers, airline and railroad companies carry goods and services that stock the US economy, and a breakout in their share prices soothes nerves of investors worried that growth will eventually sour. That's also good news for adherents to the Dow Theory, which argues that transport and industrial averages must “confirm” each other's moves for rallies to be durable. “If the Dow Jones Industrial Average is climbing, that's fine, but if the Dow Jones Transportation Average confirms the move, that means something deeper: companies aren't j
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SIEB
Sec Filings
- 12/2/25 - Form S-8
- 11/28/25 - Form 3
- 11/24/25 - Form 4
- SIEB's page on the SEC website