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 →

Share this article »  

Continue reading this article »