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Stocks Flash ‘Caution’ As Bellwether ETF Loses Most Since 2012

TedTed
in The Bullpen
FYI: Transportation stocks are sending cautionary signals, and exchange-traded fund investors are taking note.

Investors pulled $108 million from the iShares Transportation Average ETF, ticker IYT, on Monday -- the most for any single day in seven years. The outflows came as the ETF’s underlying index, the Dow Jones Transportation Average, continued its downward spiral, punching through 50-, 100-, and 200-day moving averages.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-03-26/stocks-flash-caution-as-bellwether-etf-loses-most-since-2012
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