If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the iShares U.S. Transportation ETF (IYT), a passively managed exchange traded fund launched on 10/06/2003.
Once again, while semiconductors roared to new highs, Transportation as seen through IYT the ETF, sold off. Retail XRT closed marginally green after better than expected consumer confidence data.
For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA) and its ginormous beat on revenues, gave the market new life. Happily, our very own Sister Semiconductors, SMH, moved up to new all-time highs and gave our portfolios quite a boost.