This week J.C Parets of All Star Charts wrote a piece about the Dow Industrial Average which he calls his “favorite of all the stock market indexes.” He may be be in the minority on this however as many market participants often criticize the price weighted configuration of the index. While other major indices are […]
Investigating the Recent Dow Transports Weakness
It’s hard to find a risk-on equity asset class that hasn’t bounced since the Dec 24th low but that’s old news.. What should intrigue investors is the recent weakness in the Dow Jones Transportation Average, including a 9-day losing streak and a lack of discussion about it. Frank Cappelleri, Executive Director at Instinet, provided data […]