I'll work on an easier to read format for the next update. The good news is all ECONOMIC LOGIC content will be here, not in a newsletter every two months, and free, not $1 per newsletter
Economic Logic Stock Market Timing Indicators:
AAII Sentiment Ratio ----- Moderately Bullish at 43.0% bullish (6/10/20 4-week average)
Election Year Cycle --------- Bullish from June 2020 to June 2021
Seasonality Cycle --------- Bearish from May 2020 through October 2020
Corporate Insiders ----------- Bearish (very few large buys in past few weeks)
Federal Reserve Policy ----- Bullish after a huge expansion of Fed Credit
S&P500 Price/Sales Ratio --- Bearish at 2.15x on June 12, 2020
S&P500 Dividend Yield -- Bearish at 2.3%, assume dividends = 50% of S&P500 2019 earnings
Indicator Total -1.5 = Moderately Bearish
Magic Decoder Ring:
The Indicator Total
Range is -7 to +7
Bullish = +3 to +7
Moderately Bullish = +1,5 to +2.5
Neutral = -1 to +1
Moderately Bearish = -1.5 to -2.5
Bearish = -3 to -7
For an individual undicator:
Bullish = +1 point
Moderately Bullish = +0.5 points
Neutral = 0 points
Moderately Bearish = -0.5 points
Bearish = -1 point
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