Not So Bad

Not So Bad

Industrial production is one of those unglamorous economic statistics that not many people think about on a regular basis. But it is an important statistic nonetheless, as it measures how much physical “stuff” we are producing in vital economic sectors like...
On a Roll

On a Roll

  This week’s featured indicator highlights a concept known as the stock market’s rolling drawdown. The rolling drawdown—or trailing loss—is a measure used to assess the maximum loss an investment has experienced over time. In this case, we’re looking at the...
Crossing Paths

Crossing Paths

  This week I want to introduce a technical indicator called a moving average cross. The basic idea is that you take two moving averages—one shorter-term and the other longer-term—and generate buy/sell signals for an asset based on whether the shorter-term moving...
Replenished Liquidity

Replenished Liquidity

  Liquidity, or easily accessible money, is an important driver of stock market returns. A simple metric commonly used to measure liquidity is the M2 money supply, a broad measure of the money in the economy available for spending and investment. When it’s...