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Ep. 47: JC Parets: Are We Seeing More Stock Market Volatility In 2020?

Investing With IBD

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The Dow Jones Transportation Average and the Global 100 Index

The Dow Jones transportation average has to be above 11,100 until we can actually prove that there's an overwhelming amount of demand and supply near those levels. The XL left the financials index, arguably the most important index on planet earth 31. That was the high in 2007 before the collapse. We're flirting with it again. So I think to be really optimistic about this market, I think you need to see transports above 10,000. And one more, Roush, sorry, the Russell 2000 might be the most important one. Oh my God, that may be the mostimportant one. 169 on the IWM is where things really started falling apart at the beginning of October

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