Bull markets rarely come to an end prior to the Transports exhibiting weakness. Their outperformance continues this year, returning an impressive +9.9% through June 4th, almost doubling the S&P 500’s +5.2%. We examine the underlying Transport groups and assess which areas are providing the strength to help sustain the Transportation Index’s leadership.
- Internet Retail is near the top, while General Merchandise Stores, Hypermarkets & Super Centers and Department Stores are near the bottom for the week.
- Similarly, Home Entertainment Software was the week's top group, while Consumer Electronics was near the bottom.