In focus: S&P 500, USD Index, Autozone
Download link: 2013_04_30_TRENDROOM_ENG
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Definition: When the weekly MACD crosses above 0, that is considered a switch from a bearish market to a bullish market. a cross below means the inverse. When the daily MACD moves in the direction of the weekly MACD, that is defined as a trend move. when the daily MACD moves opposed to the weekly, that is a counter trend move.
“It’s not the start of a new bull market,” said Prechter, chief executive at research company Elliott Wave International in Gainesville, Georgia. “Our models are (showing) right now that it is a much bigger bear market than most people realize, something along the lines of 1929-1932,” he told Reuters in a wide ranging interview. “It’s a very rare event,” he added.
Full Article HERE
Study of Bank of England and the universities of Heidelberg and Bonn. Together with the corporate consultants McKinsey found that Psychologists Are Better Stockmarket Speculators Than Economists
On average the psychologists earned three times as much as economists and physicists in the stock exchange game.
Interesting article from TIMES ONLINE about pension fund managers.
Almost 90 per cent of people saving for retirement believe they can outperform a professional pension fund manager, a survey revealed today.
Full article here