There is divergence in the markets. Tons of it. Large-caps are going one way and small-caps the other. Ditto with transports and high-yield. The Russell 2000 small cap index peaked on 1514.94 on October 5, before trending lower in a … Continued
It has been a while the transports sector has acted like a sick puppy. Yesterday’s action is a welcome change. IYT, the Dow Jones Transportation Average ETF, peaked November 28th last year at $166.55 – much earlier than other major … Continued
Bears point to action in transports to drive point home Bulls cite how financials are acting to prove why bears are wrong VIX remains pinned by 15, bullish (financials); VIX past 15, bearish (transports) Much ink has been spilled over … Continued