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CodedFlow
Jan 27, 2019 8:47 PM

DJT - short Short

Dow Jones Transportation AverageDJ

Description

- Weekly RED doji (the only one from all major indexes)
- Airlines are dropping from the sky in Europe and India and soon in North America (? or am i going too fast ?)
- Truckers are not feeling amazing either

Where rubber meets the road is the true financial struggle and THE REAL CUSTOMER SENTIMENT MATERIALIZED.

Keep an eye on this stocks... airlines, (air)freight, truckers, maritime ... they do not feel great and eventually will drag everybody down in speed.

Further more... if you know an airline which made your day trip unpleasant... uhm... now might be the time to pick on it :-()

Enjoy. Cautiously.



Comments
UnsungTraderTV
I am liking these transportation shorts. My wife has been keeping an eye on this sector. I will have to look into a few puts. Cheers.
UnsungTraderTV
Also, I am very interested in the BA earnings on Wednesday morning. Their future guidance may be viewed as a longer term glimpse into transportation.
CodedFlow
@aethermass, its all screwy... see TXT
UnsungTraderTV
@LoLBeach, Their revenue was down but EPS was pretty high. So, they stayed flat. Revenue of companies like these are the key aspect to keep an eye on. investing.com/equities/textron-inc-earnings
CodedFlow
@aethermass, China slow down and economic slowdown will put great pressure on plane builders...
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