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Transports and industrials break to new highs as stock rally broadens

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cnbc.com/2023/07/19/transports-and-industrials-break-to-new-highs-as-stock-rally-broadens-.html

The Dow Jones Industrial Average closed Tuesday at a 52-week high, as did the Dow Jones Transportation Average. Dow theorists, who believe a new high in one index must be confirmed by a new high in the other, see it as another sign we are in an up market. But does it mean anything? Dow theory: a primer The rules around the Dow Theory were formulated more than 120 years ago by…

This story from cnbc.com was posted on 2023-07-20 by @globeam.

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