The industrial space as a whole has come to life during this one month plus market surge. And in particular a couple are screaming no recession forthcoming. The JETS ETF is now higher 4 of the last 5 weeks, albeit from a very low trajectory, but it signals a consumer willing to spend on discretionary items. More relevant may be the chart below of the IYT, which shows some possible good things on the horizon as we know goods need to be shipped and it shows up in the PRICE action. Railroads are acting well. CSX broke above a double bottom with handle trigger of 32.74 Friday. UNP, the top holding in the fund, is building the right side of a cup base. To be frank I was surprised to see UBER as the second largest component, although perhaps a smart idea by the selection committee to inject some growth into it. UPS, which I have always liked FDX more, recorded a bullish three white soldiers WEEKLY pattern this week. Overall the industrials over the last one month are holding in there with some of the best actors with the XLI up 10%. Give the group some respect.