Stocks Rally, Transports Lead The Way

If you read my last post you would know that I was leaning towards being bullish on stocks based on Dow Theory. Today we saw stocks explode higher with the transports leading the way making a 5 month high.

If you notice in the lower pane the ratio line has been rising since the beginning of the year and is making a 20 month high.

My game plan is to continue looking for reasons to buy stocks and avoid any short selling.