Comment / DHL & Mærsk dirt cheap, JB Hunt & Robinson out of whack

ID 1056128 © Paul Topp | Dreamstime.com

It’s that kind of market where you see anything, anywhere, rallying hard day after day and you think, f*ck me… the madness is going to stop soon, right?

And then came yesterday.

The fall 

How to miss the spectacular fall in the Dow Jones Transportation Average (DJTA) index, down 2,000 points for the day (-8.4%) after reaching a new all-time high in early trade.

The high-to-low swing, 21,923/24,825.7-1 = -11.7%.

That’s something.

As war risk lingers, the DJTA drop left little room to the imagination for ...