Detours Don't Deter Transports

The most interesting part of the entire trading day was not that Washington managed to kick the can down the road for three months on the debt ceiling, but that there was some bad news for several transport stocks yet the transports stayed positive all day.

We started the day with words of caution on earnings from CSX (CSX) , and from United Continental (UAL) as well. And, of course, the awful news from the hurricanes hit the airlines with force. Yet the transports hung in there all day. When bad news can't take them down, I like to pay close attention because that's not bearish....301 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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