Transports Tank But Blame the Rails, Not the Airlines

MKM Partners technical analyst Jonathan Krinsky notes that of the S&P 500′s 24 sector groups, transportation–which includes the likes of United Continental (UAL), Southwest Airlines (LUV), and Norfolk Southern (NSC)–has performed the worst, which would be the first time that’s happened during the first quarter since at least 1990 if they don’t recover. MKM Partners The weakness [...]