RAILS AND TRUCKERS LEAD THE TRANSPORTS HIGHER

DOW TRANSPORTS CONTINUE TO RALLY... While the Dow Industrials continue to test their old highs, transportation stocks continue to act much stronger.    Chart 1 shows the Dow Transports rising today to the highest level in nearly five months.    That shouldn't be too surprising with companies dealing with supply chain bottlenecks and the need to move goods around the country.  It's also not surprising to see rails and truckers leading the transportation rally.

RAILS HIT NEW RECORD... Chart 2 shows the Dow Jones Railroad Index moving above its May high to establish a new record.   Rails are the strongest part of the transportation group.   And the leader in that group is also shown.   Chart 3 shows Union Pacific (UNP) rising further into record territory.   Truckers are also rallying.

Chart 1
Chart 2
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TRUCKING LEADERS... Some trucking stocks have also been showing up in the transport leader board.   Chart 4 shows J.B. Hunt (JBHT) moving further into record territory after exceeding its  May/September highs.    Chart 5 shows Landstar (LSTR) trading above its early September peak near 173 to reach the highest level in five months.

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