Doppelganger

Managing Partner at Tim Knight Organization • Sep 3, 2019 at 3:30 PM EDT

I noticed something mildly interesting and peculiar. The small caps and the Transports are joined at the hip.

I noticed something mildly interesting and peculiar. Here are the small caps (IWM), at the precipice of collapse:

(Click on image to enlarge)

And, a wholly different group of stocks in a totally different classification, the Transports (IYT):

(Click on image to enlarge)

Notice how similar they look? Take a look at the long-term behavior. They’re joined at the hip.

(Click on image to enlarge)

For myself, I have pushed my commitment level to 200%.

Disclosure:

None.

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