[Truman]

Dow Jones Transportation Average (+1.5%) bouncing hard

The growth-sensitive group fell to a fresh low for the month during yesterday’s session, but it has recovered the bulk of that loss today thanks to gains in all but three of its components.

Notable movers:

Matson (MATX 34.97, +7.61, +27.8%): leading performer in the sector, soaring past its 50-day (28.89) and 200-day (34.00) moving averages to its best level in almost four months after issuing much better than expected guidance for Q2.
Avis Budget (CAR 27.93, +1.09, +4.0%): looking to remain above its 200-day moving average (26.13).
American Airlines (AAL 11.62, +0.43, +3.9%): bouncing off a five-week low. Company has reportedly threatened to cancel some orders for the 737 MAX from Boeing (BA 174.80, +1.52, +0.9%).
JetBlue Airways (JBLU 10.36, +0.38, +3.7%): climbing back to its 50-day moving average (10.46) after falling below that level yesterday.
Southwest Air (LUV 32.62, +1.05, +3.3%): reclaiming its 50-day moving average (32.04).
Alaska Air (ALK 35.15, +0.71, +2.1%): reclaiming its 50-day moving average (34.53) after touching a two-week low.
JB Hunt Transport (JBHT 127.03, +2.03, +1.6%): rising to its best level since September 2018.
Kirby (KEX 46.52, -0.51, -1.1%): weakest performer in the group, falling to its lowest level since early May.

[CautiousInvestor]

[color=limegreen][size=6][b]Dow 26,075.30 369.21 1.44%
S&P 500 3,185.03 32.98 1.05%
Nasdaq 10,617.44 69.69 0.66%
GlobalDow 2,891.79 27.89 0.97%
Gold 1,802.40 -1.40 -0.08%
Oil 40.53 0.91 2.30% [/b][/size][/color]

[size=5][color=purple][i]WOW – Venus was spectacular this morning
in closest approach to Earth this year
hopeful to see comet also – look for it 90 min. before sunrise in NE[/i][/color][/size]
https://www.spaceweather.com/

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