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Rev Up That Diesel

By Charles Payne, CEO & Principal Analyst

One of my favorite investment themes continues to barrel ahead. I’m talking about the truckers, led by J.B. Hunt Transport Services (JBHT) and C. H. Robinson Worldwide (CHRW), as they powered the Dow Jones Transportation (DJT) Index to an all-time high yesterday. This is really huge. It’s the circulatory system of the economy, and it’s pumping like an Olympic athlete.

The index is in the midst of a classic breakout on strong volume. It is a great sign for the economy and the stock market.  I’ve been the only person in the financial media who is talking about record truck orders and predicting these stocks would take off.   



Charles Payne
Wall Street Strategies


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