Tag: transports

Transports will ‘come to the rescue’ of any market weakness in April, technician says

Transports are picking up steam. The IYT transportation ETF has rallied more than 4% in the past week, outpacing the 2% increase on the S&P 500. Mark Newton, president of Newton Advisors, says the outperformance should continue and “come to the rescue” of any weakness elsewhere in the market this month. “We’ve seen some rotation […]

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