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US Consumer Comfort Index dips under 50

Posted in Forecasting, News

In a recent poll, the American Consumer Comfort Index dipped to -51 which is the lowest rating in viewable history. Obviously, there is a close resemblande to the dow chart but who follows who one might wonder? Whichever the case, weak consumer confidence is not a good sign. The index is calculation is based on [...]

Dow Jones splitting into two

Posted in After the Bell

The Dow Jones Industrial Average created by Charles Dow in the ninteenth century may come to be split into two separate indices. The DJIA divisor currently used to calculate the Dow values is not always popular and is critizised for lacking acute relevance when fundamental values are overshadowed. The massive effect of Dow Live on [...]

Dow Jones Creepy Friday 13

Dow Jones plays Firday the 13′th creepy crawlies on the charts after an av eventful week of enthusiasm. With fading volume the week still seems to end strong. A full week of happy days, when did we have that last? This is a milestone, perhaps even a cornerstone foundation on a recovery path? I for [...]