Retailers and Transports Update
We have previously advised, keep your eyes on the retailers and transports. Retailers fall first, then transports, then industrials.
The links below will display charts for the index itself, and the top 10 weighted US based companies in each index.
If you don't like gore, don't look. Since Dec 04 peak, the Retailers are down 11%, the transports 13%, ouch!
And if you look back further both are still 10% above their long term support line. We are only half way there and I'm getting vertigo just thinking about it.
Retailers
Transports
The links below will display charts for the index itself, and the top 10 weighted US based companies in each index.
If you don't like gore, don't look. Since Dec 04 peak, the Retailers are down 11%, the transports 13%, ouch!
And if you look back further both are still 10% above their long term support line. We are only half way there and I'm getting vertigo just thinking about it.
Retailers
Transports
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