Are The Semis And Transports Leading The Market To New Highs?

Bespoke Investment Group48.53K FollowersFollow5ShareSavePlay(2min)CommentsSummaryFor generations of market watchers, the Dow Jones Transportation Index was considered the ultimate leading indicator for the broader market.For today's digital economy, the "leading" torch has been handed to the semis group, which we labeled "the Transports of the 21st century" years ago.When both of these bellwether indices are breaking out to new all-time highs simultaneously, as they are right now, it's a signal worth paying attention to. bluebay2014/iStock via Getty Images For generations of market watchers, the Dow Jones Transportation Index was considered the ultimate leading indicator for the broader market. The idea was that if goods were moving, the economy was humming. For today's digitalThis article was written byBespoke Investment Group48.53K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)