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- ECRI
WLI Growth Rate & US GDP Growth Rates vs. DJIA |
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ECRI WLI Growth Rate vs
DOW ECRI WLI Growth & US GDP Growth Rates vs. DJIA |
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February 3, 2012. Below is a
graph of the ECRI (Economic Cycle Research
Institute) WLI (Weekly Leading Index) vs. the DJIA (Dow
Jones Industrial Average) and US Gross Domestic Product
(GDP) growth rates. Today ECRI's WLI growth rate made a 22-week high. The dashed black resistance-turned-support line on the graph below of WLI growth vs the DOW is very exciting. I'll cover more of what it means in my next newsletter. My
Explore Portfolio is Up 10.2% YTD as of today, Feb
3, 2012
Near ALL TIME HIGHS! Subscribe NOW and get the February 2012 Issue for FREE! ! From ECRI: "WLI Ticks Up" "A measure of future U.S. economic growth rose modestly in the latest week, while the annualized growth rate also improved, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index edged up to 123.1 in the week ended Jan 27 from a revised 122.7 the previous week. That was originally reported as 122.8. The index's annualized growth rate rose to minus 5.2 percent from minus 6.6 percent a week earlier. ECRI said the growth rate rose to a 22-week high." (more about ECRI) |
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My Explore Portfolio
is Up 10.2% YTD as of today, Feb 3, 2012
Near
ALL TIME HIGHS!
Subscribe NOW and get the February 2012 Issue for FREE! ! (Your 1 year, 12 issue subscription will start with next month's issue.) (More Info, Testimonials & Portfolio Returns)
More about: Sentiment Indicators - |
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Note 1: AAII Web Site: http://www.aaii.com/sentimentsurvey/ |
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Disclaimer: The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc. |