Transportation stocks dip, and that's a bad sign for the next few weeks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Since 1990, there have been only three other instances when the transports index had a losing streak of at least ten straight sessions. In the two weeks following all of those episodes, the index continued to trade sharply lower.

div > div.group > p:first-child"> It lost more than 4% in that time.Since 1990, there have been only three other instances when the transports index had a losing streak of at least ten straight sessions .

In the two weeks following all of those episodes, the index continued to trade sharply lower, according to a CNBC analysis of Kensho. The average additional loss was more than 9 percent, much worse than the 4.4 percent that the S&P 500 lost on average during those weeks.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

TrumptyDumpty will have a great Fall!

Transports not that big of a deal at this point.

Boy, only 12 lines written on such an important topic -- what are you trying to save on keyboard wear & tear? Not the deepest pool on a bearish indicator, but still free. Shoot for 14 lines next time.🍸

bad, how? Or, pricing-in of risks?

Transports have been dropping...even before BA drop...start doing better reporting!

Bad signs everywhere

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jobless claims dip to 223,000 in early March, reinforcing signs of strong labor marketThe number of people who applied for unemployment benefits in early March fell slightly, keeping so-called jobless claims near the lowest levels in a half-century. Initial jobless claims fell by 3,000 to 223,000.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Oil dips on U.S. stocks build, production outlookOil prices slipped on Wednesday as bullish output forecasts by two big U.S. prod...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Oil prices dip as U.S. crude stocks swell amid record productionOil prices eased on Thursday, dragged down by record U.S. crude output and risin... Then why has the price of gasoline shot up 30 cents a gallon in a week? That’s not supply and demand. It’s more like price-fixing fraud. So you are saying it's all because of oversupply and has no slightest connection to global recession stepping on our heels and other numerous factors of wrongful regulatory desicions made practically every decade to cause the crisis?
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »