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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%

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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.

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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

Sverige Senaste nytt, Sverige Rubriker

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