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