Better Than Expected

Better Than Expected

  The Citigroup U.S. Economic Surprise Index is the focus of our featured indicator this week. The index—compiled by the investment bank Citigroup—tracks how economic data are coming in relative to forecasts based on Bloomberg surveys. Specifically, it evaluates...
Overbought/Oversold

Overbought/Oversold

  This week we focus on a concept regularly used in technical analysis known as “overbought/oversold.”  The idea is fairly straightforward: Look at the recent price movement of a stock or stock index and determine if it is currently at an extreme—either too high...