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Black Friday weekend resut sets the trend

Posted in Forecasting

Dow Live Report: The Black Friday Weekend results are turning into what most have expected: more shoppers but less spending. While some are celebrating the increased total revenues from nearly 200 million shoppers, the lower per capita spending speaks volumes on the current financial climate. Amazon registered an increase of 28 percent compared to the [...]

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 closes over 8000 milestone

Live ticker shows Dow Jones closing at over 8000. Dow Jones started the week on a soft note but helped boost global market levels during the end of the week. The Dow has now experinced a full month gain of +21%. Looking at the friday chart it is also encouraging to note seesaw day ending [...]