Transportation stocks benefitting ahead of seasonal strength as energy commodities flat-line. Real Time Economic Calendar provided by Investing.com. *** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends. Stocks Entering Period of Seasonal Strength Today: W.W. Grainger, Inc. (NYSE:GWW) Seasonal Chart RigNet Inc. (NASD:RNET) Seasonal Chart Northfield Bancorp, Inc. (NASD:NFBK) Seasonal Chart FutureFuel Corp. (NYSE:FF) Seasonal Chart California Amplifier, Inc. (NASD:CAMP) Seasonal Chart On Assignment, Inc. (NYSE:ASGN) Seasonal Chart Blackrock, Inc. (NYSE:BLK) Seasonal Chart autobytel.com, Inc. (NASD:ABTL) Seasonal Chart AutoWeb, Inc. (NASD:AUTO) Seasonal Chart Belden Inc. (NYSE:BDC) Seasonal Chart DSW Inc. (NYSE:DSW) Seasonal Chart The Markets Stocks rebounded on Tuesday as concerns pertaining to geopolitical risks eased. The S&P 500 Index added over six-tenths of one percent, attempting to push back into the gap that was opened in Friday’s session around 2850. Confirmed resistance around this pivot point would provide a signal to take some chips off the table following the multi-month climb to new highs. The large-cap benchmark continues to show an intermediate trend of higher-highs and higher-lows and support at the 20-day moving average remains solid. Momentum indicators remain in bullish territory, but they have stalled, suggesting buying exhaustion. Seasonally, the weeks ahead are the most volatile period for stocks, often leading to a period of weakness going into the fourth quarter of the year. Among the leaders on the session were transportation stocks. The Dow Jones Airline Index was higher by three-quarters of one percent and the Railroad Index was up by over one percent. Both benchmarks are bouncing from rising 20-day moving averages, confirming this short-term hurdle as a level of support. Signs of outperformance amongst transportation benchmarks have been apparent for the past month as fuel prices ease. Seasonally, the broader transportation industry tends to remain under pressure through the third quarter while oil prices remain seasonally supported. But with the strength in the US dollar pressuring commodity prices, weakness in the price of oil may “fuel” a move counter to seasonal norms. The Dow Jones Transportation Average had previously held within a range of 10,000 to 10,800 and the recent break of this span projects an upside move to around 11,600. Resistance at the all-time high can be found just above 11,400. Sentiment on Tuesday, as gauged by the put-call ratio, ended bullish at 0.91. Seasonal charts of companies reporting earnings today: S&P 500 Index TSE Composite