Transports made some good progress this week despite the Tech wreck growing more pronounced. As discussed in last night's report, the stealth consolidation hasn't resulted in uptrends being violated for Equal-weighted SPX which made new all-time highs yesterday & still a lot of great areas of the market outside of Tech which haven't been dragged lower. Thankfully, the rotation out of Tech directly followed the steep runup, so Financial media calling this a Bear mkt in Semis is a bit laughable w/ SOX still up 65% this yr. Given that the correction in Tech has happened bit-by-bit is actually quite helpful for the broader mkt, so i'll discuss my thinking on $SPX in tonights piece and what areas are important For now, important to showcase TransportationTrucking, one of the strongest sectors right now in #IBD# universe @marketsurge @IBDinvestors Have a nice weekend All

Iranian transport links were established across the Middle East decades ago to carry guns and arm various militias. Today, these have been extended into Europe, and their cargo has expanded to include heroin, migrants and – according to Iranian officials and the smugglers who work them – people Iran believes it can call on inside Britain. Find out about Unit 700 ⤵️

SpaceX transports nearly 10× more satellites to orbit than the rest of the world combined. SpaceX currently delivers ~85% of all payloads to Earth orbit. Of the remaining 15%, China accounts for ~8% and the rest of the world ~7%. — Elon Musk

Former Transportation Secretary Pete Buttigieg was the target of an anonymous report that police determined was false and that he says forced him to spend a night away from his four-year-old twins.

British Transport Police said that at least one person had died and several others were injured following a collision involving two trains near Bedford, about 100 km north of London