Looking for deeper insight on global markets and economics? Tonight in The Closer we take a look at the transports, which many bears have been flagging as cause for caution with their large divergence below. We details a long-term analogue of relative performance versus the Industrials, valuation, technicals, and a look at Association of American Railroads intermodal rail traffic data. Finally, we break down today’s Consumer Credit report from the Federal Reserve.
The Closer also includes its standard charts, large volume and price movers in the US equity market, and Bespoke’s Market Timing Model. The Closer is one of our most popular reports, and you can sign up for a trial below to see it free for the next two weeks!