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Transcripts For BLOOMBERG Whatd You Miss 20200122

little while. it cannot just be one-day. scarlet: let s dive deeper into the action with our markets reporters. i am thinking about the dow transport. they are underperforming in a significant way. this is a charge, down on friday. the real declined yesterday, down 2% on the virus outbreak and he fears it will spread and curtail international travel. down 0.7%. ,his is the major averages putting an all-time highs. you want to look at divergences. we see the dow transports over the last year stuck in a range. above the top of the range, now heading down onto it, look at the rsi or momentum indicator, slightly in overbought territory last week. transportsthe dow continue to decline. if that happens, it may suggest the major averages could cool off. the divergence i am focusing on is between stocks and bonds reminds us of the start of 2019. it is not how we were acting and the second half of last year. chart.ake a look at the you will see the bottom panel, the two are the most

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