Wednesday, April 30, 2014

UPDATED--Dow Theory: Industrial's All Time High Confirms Transport's

16,580.84
That's a record closing high. April 4th's intra-day high of 16,631.63 is still a bit above today's intra-day high of 16,592.28.

The Trannies set their all-time intra-day and closing highs on April 23 at 7,814.92 and 7,742.26, respectively.

A Google news search doesn't show anyone else babbling about this.
Update:
Oops, here's Dragonfy Capital: 

Put Sonic On the Radar
The Dow Jones Industrial Average with a new all time high close just confirmed Dow Theory, joining the new high in the Transports. This has been 4 months in the making. What to do? Look for turn around stocks. One that I sold out of last month is Sonic....MORE
Still nothing at Dow Jones however.