Dow Transports Buck the Trend

All the major equity indices are trading to the downside ahead of tomorrow’s much-anticipated December payrolls report, with the exception of the Dow Transports:

Four of the top five stocks today in the transports are airlines: UAL is leading the pack, surging more than 7% on very upbeat preliminary 4Q results. Deutsche Bank was also out with some bullish comments on the group. Trucker (NYSE:CNW) and railroads (NYSE:CSX), (NYSE:NSC) and (NYSE:UNP) are also bucking the market’s downward trend: