The Dumbest Crash Ever

JC Parets
August 10, 2024

I was in the city this week hanging out with my pals Josh Brown, Michael Batnick and Joe Fahmy.

For some perspective, 10 years ago in March of 2014, the 4 of us went out one night to support some other friends of ours at a charity event. I met my future wife that night. 

These 3 guys mean a lot to me. But don't let my love for them fool you. When they say something dumb, I'm going to call them out on it!

Check out the full podcast episode that just dropped last night on The Compound & Friends. 

This is one of the few podcasts and conversations I get to have where the hosts don't really care what I want to talk about. 

They're down for whatever. 

So I thought it was important to break down the components of arguably the world's 2nd most important stock market index, after the DJ Industrial Average. 

We discussed all the Transportation stocks and what they mean for the broader market. Remember UBER is now part of the DJ Transportation Avg.

Here are the monthly closing charts, where you can see the Dow Industrials making new all-time highs last month, but the Dow Transports are still working on theirs.

Check out the full episode over on The Compound & Friends.

This was a lot of fun.

Ton of laughs!

JC

 

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