Transports and Semiconductor – Inverse Correlation

By | June 3, 2015

The transports and the semiconductors have been moving in opposite directions for some time and continue to do so in today’s session. The graphs at the bottom of the chart show the year-to-date performance of the iShares DJ Transportation Average Index Fund (IYT) and the Market Vectors Semiconductor (SMH) fund, and the inverse correlation.

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