I can’t imagine this bull market ending without transportation stocks finally breaking out.
For four years, this group has gone nowhere. Completely forgotten. Completely ignored.
But I think their time is coming.
After years of basing, the pressure has been building — and now price is knocking on the door.
We’re staring right at a major breakout level.
A move above 16,500 would flip a multi-year consolidation into a brand-new leg higher.
If DJT gets above those 2021 highs — and actually finds follow-through — it becomes very hard to argue a bearish outlook for equities.
But there’s another layer here most people are missing.
Look at Transports relative to the Dow Industrials.
This ratio is finding support at a historic level — the same zone that marked major secular turning points during both the GFC and the COVID crash.
If there’s ever a time and place for transports to start outperforming, this is it.
And if they do, it won’t just be another sector rotation — it’ll be major confirmation that the broader bull market still has plenty of fuel left in the tank.
So, what do you think? Are you buying the trannies? I am.
