In any normal year, a group that rose more than 20% would be considered a good one. And that is just what the industrials have done thus far YTD with the XLI higher by 21.3%. That however makes it “just” the eighth-best of the 11 major S&P sectors thus far with a couple of months left in 2021. Transportation services and heavy construction have been areas that have been steadfast in their strength. One group that is showing signs of life again is the transports. Truckers have seen some robust action as names like SAIA, which has risen 100 handles in the last one month period. Five other truckers have risen more than 100% this year including ARCB YELL PTSI USAK and TFII. Over the last one month period, every major railroad play is higher by at least 10%. GXO recorded a bearish dark cloud cover this Thursday off the very round par number but could see bid arise near the 90 figure the scene of a recent cup-base breakout. Even UBER now a top 10 component in the IYT is looking better and would be even more so above the very round 50 number which would reclaim its 200 day SMA. The ratio chart below suggests pure-play PMs in the space may be on pins and needles to see where this resolves itself.