An Ominous Sign For Fundamentalists?

We trade price… period.  But when something interesting pops up, we pay attention.  When it’s REALLY interesting, we share it with our readers.

This link takes you to a chart that is, at best, scary to fundamental investors.  Dow Theory (and recent performance) suggests that the current divergence between the Dow Jones Transportation Average and the S&P 500 Index is unsustainable.

We are not making a sell call…that’s not our job.  But as Elmer Fudd might say, “be vewy, vewy careful…”