Sitting Idle

Sitting Idle

  There’s a saying in economics that the cure for high prices is… high prices. In other words, as the price of a commodity increases, it incentivizes producers to produce more of that commodity, but the increased supply then leads to lower prices. That’s the...
Hitting the Slopes

Hitting the Slopes

  For this week’s Indicator Insights, we highlight a price-based indicator that measures the intermediate-term trend of the stock market. Specifically, it measures the 126-day (6-month) moving average of the S&P 500 stock market index, shown as the orange...
Slowing Down

Slowing Down

OVERVIEW   The U.S. stock market surged higher last week, notching its best week of the year and snapping a multi-week losing streak. A handful of earnings results and economic data helped boost investor sentiment, and all three major stock indexes jumped at...
Losing Streak

Losing Streak

  The U.S. stock market has had a rough couple of weeks. Well, more than just a couple. Our Chart of the Week above shows the weekly returns for the S&P 500 this year. The index has now closed lower for its seventh week in a row. You would have to go all the...