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Trending
IYT Establishes Key Pivot Points; Bullish Break Above 88.88 Possible
Business
— Jul 23, 2026
Traders watching the iShares Transportation Average (IYT) identified key pivot points to gauge momentum, while South Africa’s inflation surge and fuel costs are pressuring transport and logistics equities. US railcar fleet data shows UP and BNSF leading in several car types, India’s newly completed dedicated freight corridors promise faster freight and potential GDP gains, and travel stocks like Booking Holdings, Travelers Companies, and Expedia Group are highlighted as beneficiaries of travel demand and related volatility.
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