Why Trucks on the Highway Is 1 of the Best Economic Indicators
Because truckers move products before the consumer spends money, truck traffic is a forward-looking economic indicator.
Posted by Michael Carr | Jun 16, 2020 | Chart of the Day
Because truckers move products before the consumer spends money, truck traffic is a forward-looking economic indicator.
Posted by Michael Carr | Jun 15, 2020 | Chart of the Day
Bearish island reversals are relatively rare on the Dow Jones Industrial Average.
Posted by Michael Carr | Jun 12, 2020 | Chart of the Day
Instead of reading stories, investors should consider the price action. Simple indicators can be more useful than a subscription to The Wall Street Journal.
Posted by Michael Carr | Jun 11, 2020 | Chart of the Day
It seems as if everyone with detailed information is worried. The only group that is optimistic is traders who are buying stocks.
Posted by Michael Carr | Jun 10, 2020 | Chart of the Day
It really is sounding a lot like 1999 again when day traders expected to make 1,000% a year. It’s also looking a lot like 2007 when stocks were beginning the worst bear market since the Great Depression.
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