Does the large volume day in the transports portend worse times ahead? In the last year the Transports ETF (IYT) has experienced just 8 days where downside volume was greater than 1.75MM shares. Each of those days were followed by sharply lower stock prices 3 weeks later. Dataming or warning sign? You decide….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.