Purchasing managers are in a great position to judge the state of the economy (at least as far as their company goes). They know how much they sold last month, how much they expect to sell this month, year-ago sales, etc. What if you could aggregate all this information and develop an index that tells you where the economy is going? Well, that is exactly what the ISM Manufacturing index does and it has been around for over 100 years (since 1915 to be exact). So what is the ISM index currently telling us?
Urgent Message: Two Must See NASDAQ Charts
February 1, 2018 by Leave a Comment
The NASDAQ index was launched in 1971 as the world’s first electronic stock market. With $7 Trillion in market capitalization it has grown to become the second largest market behind the NYSE. The NASDAQ has been in an upward sloping channel since 2011. But now something has happened. See this video for more information.
When You Trade and Invest, Why Use the Wave Principle?
June 23, 2011 by Leave a Comment
The question: Why use the Wave Principle when trading or investing? The answer: To avoid the herd that usually loses money in the markets. The explanation: Herding makes it difficult to follow the most useful trading advice to buy low and sell high. More often than not, what really happens is that you hear about […]
