Tag Archives: Transports

Beware of Trannies That Lag

Summary We construct a relative performance index (TRP) of the Dow Transports and Dow Industrials Index  In all three large and major 2018 sell-offs, the TRP signaled an impending correction 7-18 trading days before markets rolled over The TRP peaked … Continue reading

Posted in Equities, Uncategorized | Tagged , | 9 Comments

‘Twas The Week Before Christmas

Santa Baby! Less than thirty points to a new post crash high for the S&P500.  Stocks are getting a little giddy, but other markets are confirming the rally, however. Safe havens — bonds and gold — are moving lower.  Global … Continue reading

Posted in Equities, Technical Analysis | Tagged , , , , | 2 Comments