Trannies Leading Crude Oil Higher
From Global Macro Monitor
January 22, 2013 - 8:03pm
We’ve posted (see here) how the Dow Jones Transportation Index can be a leading indicator for the downside direction of crude. It makes sense as the transportation sector consumes over 70 percent of U.S. petroleum production and imports. See chart. … Continue reading →
January 22, 2013 - 8:03pm
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