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"Keep an eye on the transports." It's one of the oldest adages of market watchers. The theory is the railroads, truckers and airlines are forward-looking indicators on the economy and broader market. Increased shipments and travel signal improving business...
Most attention this week is focused on hopes of pro-business tax reform in Washington ...meanwhile investors seem to be shifting money into an industry outside the current spotlight: Metals. The SPDR S&P Metals & Mining Fund (XME) has gained almost 6 percent...
Bullish, bullish, bullish. That was the message from a widely followed market pro this morning. "We do have higher highs coming," Bennett McDowell of TradersCoach.com said on today's Morning Market Briefing. "At this time we're in Elliott Wave 3 on the 60-minute...