In this edition of Equity Leaders Weekly, we look at the geographic breadth of the current market slide and at what the underperfomance of Transportation stocks is telling us about the health of the market.
In this edition of Equity Leaders Weekly, we look at the geographic breadth of the current market slide and at what the underperfomance of Transportation stocks is telling us about the health of the market.
Mondelez International (MDLZ) has been steadily sinking down the rankings in the SIA S&P 100 Index Report for over a year. It left the green zone in July of 2023 bounced around the yellow-red zone boundary for a few months but has consistently been in the Red Unfavored Zone since March. Since leaving the green zone last summer, Mondelez is down 5.5% while the S&P 100 Index is up 22.8%.
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