Trannies Trounced To 20-Month Lows, Enter Bear Market

Dow Transports have been weak all year. Down 18.3% year-to-date, Trannies are set to close lower for a 4th straight quarter for the first time since 1994. Today's plunge broke below the August crash lows and pushed the index into bear market territory...

Just something else to ignore of course... keep buying FANGs

Charts: Bloomberg

Comments

[GartmansTaint]

Trannies... the best of both worlds!

[El Oregonian]

MOAR PAIN!!!

[Mr.Sono]

U sick and ur avatar is disturbing

[lunaticfringe]

Man so much for cataract surgery. I thought his avatar was a financial chart of some sort. 

[CaptOveur]

[]

[Normalcy Bias]

That explains the sky-high suicide rate.

[Normalcy Bias]

America's kindly old grandpa is probably lobbying for another major war in order to get the railroads moving again. Aw, shucks!

[buzzsaw99]

in bizarro world trannies crash along with energy costs because they all "hedge" i.e. go long oil in size.

[kelley805]

J.P. Morgan analysts wrote that the three best leading indicators for recession have been credit spreads, the shape of the yield curve and profit margins.

Here are some signs of a coming recession.

1. Investors in high-yield bonds are expecting to see their first negative return since the start of the credit crisis in 2008.

http://www.marketwatch.com/story/deteriorating-junk-bonds-flash-warning-signs-for-stocks-2015-12-07?dist=afterbell

2. Factory orders continue to drop

http://www.zerohedge.com/news/2015-10-02/us-factory-orders-flash-recession-warning-drop-yoy-10th-month-row

3. Default risk spikes

http://www.zerohedge.com/news/2015-10-02/us-financials-default-risk-spikes-2-year-high

4.  M&A set record

http://michaelekelley.com/2015/05/29/mergers-and-acquisitions-set-record/  

5. Iron ore prices tumble

http://www.marketwatch.com/story/iron-ore-prices-keep-crashing-adding-to-global-growth-fears-2015-11-30

6. Baltic dry shipping index tumbles

http://www.marketwatch.com/story/shipping-index-falls-to-all-time-low-stoking-fears-about-global-growth-2015-11-19

Here is how to prepare.

http://michaelekelley.com/2014/10/16/8-things-to-do-when-recession-happens/

Here is how to get your mind off this stuff.

http://michaelekelley.com/category/humor/

Good luck!

[One Eyed Jack]

Damn it Caitlin no high heels