Dividend Income Growth: 20 Contenders With Highest Buy Rating
Cheapest large capitalized stocks with highest earnings per share growth; originally published at “long-term-investments.blogspot.com. The most of my readers are looking for high yielding stocks or cheap stocks to buy. It sounds nearly similar because the goal of both is the same. All leads to a high return of your invested capital.
Many of the leading transportation stocks are trading higher today. This leading sector has been extremely weak since May 3, 2012. Today, the important iShares Dow Jones Transport. Avg. (ETF) (NYSEARCA:IYT) is trading higher by $1.15 to $92.41 a share. Short term traders should watch for intra-day resistance around the $92.60, and $93.10 levels.
One of the most important stock sectors that any trader or investor can follow is the transportation sector. Many investors will look at the transportation sector as a sign of market strength and economic expansion when the sector trades higher. On the flip side, when the transportation sector trades lower it is usually viewed as a sign of economic contraction.
All of the leading transportation stocks are coming under early selling pressure. The iShares Dow Jones Transport Average (ETF) (NYSEARCA:IYT) is trading lower by 41.00 to $91.52 a share. Yesterday, the IYT sold off sharply lower; today the important sector ETF is continuing to fall at the start of the day. Short term traders should watch for intra-day support around the $91.00 and $90.50 levels.
(GEVO, CRWE, FDX, DEXO) DrStockPick.com Stock Report from Wall Street
The Dow Jones Transportation ETF (NYSEARCA:IYT) is one of the most important charts that any trader can follow. Many investors believe that the transportation index should lead or confirm the Dow Jones Industrial Average in order for the markets to continue to climb. Lately, the IYT has pulled back from it recent high made on March 19, 2012 at $96.22.
This morning, the leading transportation stocks are having trouble catching a bid higher. A case can be made that the high price of crude will keep many of the transport stocks under pressure. The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is trading lower by 0.32 cents to $91.66 a share. Short term traders can watch for intra-day support around the $91.17, and $90.80 levels.