Art Cashin Explains Yesterday’s Furious Rally
by Tyler Durden
ZeroHedge.com
Dec 8, 2016
“Just before the buy programs kicked in, the rally in the Dow Transports was shifting up a gear as the index was on the verge of punching through to a new record high. If the Transports made a new record high, it would confirm the record high in the Industrials, thus giving a Dow Theory buy signal. As that realization spread, the algorithms kicked in with buy program after buy program and the race was on.”
The Rest…HERE
