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Trend table status

Trend

SP-500

R2000

COMPX

Primary

Up 7/31/20

Up 1/29/21

Up 5/29/20

Intermediate

Up 10/2/20

?+ 4/23/20

?+ 4/30/21

Sub-Intermediate

Up 3/29/21

? 4/5/21

?- 5/10/21

Short term

Up 4/1/21

Dn 5/10/21

Dn 5/4/21


Don Worden of Worden Brothers (makers of Telechart software) used to keep a trend table before his health issues got in the way. I always found it useful. Mine is slightly different. Hopefully helpful. Up? or Dn? means loss of momentum. ? by itself means trend is neutral. ?+ or ?- means trend is neutral with bias of up(+) or down (-)

Friday, August 24, 2012

Economic data fudging poll results

I have seen some interesting analysis on the July employment and retail sales data questioning the odd seasonal adjustments. Do you think this being an election year might have something to do with that?

yes
  43 (95%)
 
no
  2 (4%)
 

Votes so far: 45

That was pretty overwhelmingly one sided, LOL.  I am afraid to say I am in the data fudging camp myself.  There are a number of things with the seasonal adjustments that do not add up properly to me.  I think the economy is weaker then everybody thinks.  We will see. 

Bob

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The information in this blog is provided for educational purposes only and is not to be construed as investment advice.