Transcendalism explained on dictionary.com:
A literary and philosophical movement, associated with Ralph Waldo Emerson and Margaret Fuller, asserting the existence of an ideal spiritual reality that transcends the empirical and scientific and is knowable through intuition.
I'm don't fully agree. As most philosophies I feel that it has good point, but that it tries to apply it's ideas to all situations based on one single concept. I wouldn't want to label myself, as I don't know enough about the different philisophical directions. I'm a fan of phenomenologism, but at the same time drawn to certain aspects of logical postivism.
There is some intersting research that can be used to support the idea of transcendalism. Such as that it's been recently been reseached on and found that the first guess on a solution is more often correct than a second guessing. In other words: intuition is often a better solution than reason. Can't be arsed finding the link to the research, though