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iShares Transportation Average ETF News

$66.59
+0.0900 (+0.135%)
At Close: May 10, 2024
Transportation stocks and sector-related exchange traded funds have been gaining momentum, a potential sign of growing optimism over the economic outlook. In March, the benchmark Dow Jones Transportat
Wednesday, the market rallied into the Feds rate announcement, showing speculator's optimism given the current downward trend.  It also helped that Monday, the Nasdaq 100 (QQQ) held key support at $3
Sector ETF report for IYT

Transport ETFs to Buy on Solid Q4 Earnings

01:53pm, Monday, 07'th Feb 2022
Transportation is the biggest driver of Q4 earnings growth so far and is reflective of recovering economy, backed by the increased pace of vaccinations, business reopening, and growing consumer confid
The U.S. economy added 467, 000 jobs in January 2021, beating market expectations of a rise of 150,000.
Transportation sector-related exchange traded funds jumped after UPS posted record quarterly earnings on Tuesday and projected an optimistic 2022 outlook. The iShares Transportation Average ETF (IYT)
So far these last couple of weeks, we have written and talked about trading ranges, January calendar ranges, inflation, stagflation and precious metals. And, we have also talked and written about the
Sector ETF report for IYT

5 Sector ETFs to Bet on Ahead of Q4 Earnings

01:03pm, Monday, 10'th Jan 2022
Although Q4 earnings growth is expected to decelerate significantly from the last two quarters due to rising cost pressures and supply chain disruptions, the earnings picture remains strong.

IYT: Transportation Stocks Are Overvalued

01:26am, Sunday, 12'th Dec 2021
IYT invests in U.S. transportation stocks. Based on a fair cost of equity and earnings growth assumptions, IYT is priced very optimistically.

Sector ETFs to Win or Lose on Oil Slump

09:59am, Thursday, 25'th Nov 2021
The rally in energy prices has been wavering of late due to renewed COVID fears and the largest U.S. supply build in three weeks.
According to Bespoke Investment Group, Thanksgiving week has returned modest gains for stocks dating back to 1945.
As the bull market carries on into year end, some lagging sectors and stocks are just getting back to their early 2021 highs. Some will breakout (bullish), while some will find stronger resistance and

Wall Street Still Has Room to Run: ETFs to Play

04:02pm, Wednesday, 10'th Nov 2021
Wall Street has been hovering around a record high level. Holiday season, chances of more antiviral pills, Biden's infrastructure plan, upbeat U.S. economic growth momentum and upbeat earnings are lik
Sector ETF report for IYT
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