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Time the Markets: Using Technical Analysis to Interpret Economic Data
book

Time the Markets: Using Technical Analysis to Interpret Economic Data

by II Charles D. Kirkpatrick
August 2011
Intermediate to advanced content levelIntermediate to advanced
208 pages
3h 9m
English
Pearson
Content preview from Time the Markets: Using Technical Analysis to Interpret Economic Data

6. Economic Indicators

Economic data, as opposed to corporate data, also affects the stock market. The principal divisions within the economy on which the average person can find easily available and accurate data are prices (consumer and industrial), production (industry, housing, and efficiency), and income (personal and unemployment). You will see that each indicator has a poor connection to the stock market using a moving average crossover system. This doesn’t mean that there is no connection, but it does mean either that any existing relationship cannot be pulled out using this method or that the data is lagging behind the stock market and is thus of little value in anticipating stock market turns.

Prices

Industrial, raw-material prices ...

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Publisher Resources

ISBN: 9780132597852Purchase book