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Blame Coal for Weak Transports?

Wed 07 Mar 12 | 12:53 PM ET
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Blame Coal for Weak Transports?

Wed 07 Mar 12 | 12:53 PM ET
Transports are underperforming because of coal, says Steve Cortes, Fast Money trader: "When you overlay coal with the S&P, if you go all the way back to the 2009 lows you see that until recent weeks the two were interchangeable. Either coal is very cheap here or the S&P is very expensive." Abigail Doolittle, Peak Theories, also discusses the direction of copper and the VIX.
 
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