Wednesday, May 13, 2015

It's 2008. Late. The Noose Is Tight.

Unlike 2007, Central Banks decided there would be no warning this time. Just have everything collapse at the same time during an episode of the Kardashians.

Normally Transports and energy sectors trade inversely. Except very late cycle when they both break down. Like now:

First, the ratio of Tran:Energy:

Transports as ratio of S&P 500


Oil & Gas: