Sunday, May 17, 2015

Oil prices weigh on transportation stocks

$BRENT $TRAN

Daily Chart

  • Oil prices turned bullish in mid-April as price/barrel rose into the mid-60s
  • The increase in price has weighed on transportation stocks

Visit StockCharts.com to see more great charts. Transportation stocks are bearish as the index has traded below the Kumo (cloud) since the end of March

Visit StockCharts.com to see more great charts.

No comments:

Post a Comment