Service Surge

Service Surge

  This week’s indicator is all about the ISM Purchasing Manager’s Index (PMI).  It’s a monthly report that measures the health of the U.S. services sector.  It’s based on surveys of managers in industries like healthcare, finance, retail, and more.  Think of it...
America’s Edge

America’s Edge

  It’s perhaps no surprise to investors that America’s stock market has dominated the rest of the developed world in recent years.  But have you ever wondered why U.S. stocks have outshined? This week’s chart gives a big clue: economic strength.  When the U.S....
Absolutely Bullish

Absolutely Bullish

  This week’s featured indicator highlights a neat tool called the Absolute Breadth Index, which measures volatility, or how much prices are bouncing around. But the Absolute Breadth Index stands out because it doesn’t care about direction—whether prices are...