The Traderszone Network

Published in TZ Latest News 14 November, 2017 by The TZ Newswire Staff

Keep An Eye On The Suddenly Weak Junk Bond Market (JNK)

From Mike Burnick: Stocks have been defying gravity recently. They were moving relentlessly higher. But then last week, they hit a tax-reform speed bump.

The Dow Jones Industrial Average snapped an eight-week winning streak last week, falling half a percent. Meanwhile, the Dow Transportation Average dropped 2.6%, continuing a bearish non-conformation with the Industrials.

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