Mike Larson | Editor-in-Chief

I had a great conversation with two of my favorite technicians this week – and they highlighted the incredible strength we’re seeing in a key sector. That got me thinking: Can the market REALLY crack with it performing so well?

Take a look at the MoneyShow Chart of the Day — which shows the Dow Jones Transportation Average. Yes, it’s an old-school index. Yes, it’s just 20 stocks. But does this chart look like something you see when the economy is falling apart and a bear market is looming?

Transports are on Fire...Despite Higher Energy Prices

What’s even more remarkable is that we’re seeing so much strength at a time of surging oil and gas prices. The average includes railroads, airlines, and truckers like CSX Corp. (CSX), American Airlines Group Inc. (AAL), and JB Hunt Transport Services Inc. (JBHT). It also includes the car rental company Avis Budget Group Inc. (CAR) and the rideshare giant Uber Technologies Inc. (UBER).

Many of those industries are very sensitive to higher fuel costs. Things are so dire at struggling discount carrier Spirit Airlines (not in the average) that it’s seeking a federal government bailout.

But as JC Parets and Steve Strazza highlighted in my MoneyShow Virtual Expo session with them Tuesday, just look at the chart! It speaks volumes. The Index is up 37% year-to-date – and 79% in the past 12 months.

So, sure, it’s natural to worry about war-related headlines. But if you’re a trader, you have to trade what’s actually happening in markets – not what you think “should” be happening. And right now, the strength in transports makes it awfully hard to be too bearish!

Boockvar: What to Trade Amid Middle East Conflict, Commodities Boom

Peter Boockvar is CIO at One Point BFG Wealth Partners. We sat down for a “Fireside Chat” on markets yesterday during the April MoneyShow Virtual Expo. Check out the segment to see what he had to say about the Middle East conflict, the commodities boom, and his favorite trades for 2026. 

Stephanie Link is one of the country’s premier thematic investing experts. As chief investment strategist and portfolio manager at Hightower Advisors, she identifies powerful, long-lasting trends – and the stocks best positioned to profit from them.

Now, she’ll share her top themes for the year with YOU...at the 2026 MoneyShow Masters Symposium Dallas! Tap the button below to secure your seat at the May 14-16 event today...

🏙️📈 Get unique market insights and actionable recommendations for this “New World Order” – at the 2026 MoneyShow Masters Symposium Dallas! Click HERE for your pass to the May 14-16 event.