the search for good information
DESCRIPTION
The search for good information. To help you guide investments. Advance Decline Line. Measures on a broad scale whether stocks are going up or down. A gage of the of the health of the market The best measure is pure stocks Exclude preferred stocks, closed end bond funds like Nuveen. - PowerPoint PPT PresentationTRANSCRIPT
The search for good information
To help you guide investments
Advance Decline Line
• Measures on a broad scale whether stocks are going up or down.
• A gage of the of the health of the market
• The best measure is pure stocks
• Exclude preferred stocks, closed end bond funds like Nuveen.
Total NYSE Adv Decl Line
NYSE Common Stock Adv Dcl Line
Dow Industrials Adv Dcl Line
Barron’s Market Lab Section
Leonardo Fibonacci
Fibonacci, 1170 to 1250 AD
• Responsible for spreading the Hindu-Arabic numeral system.
• Numerical sequence is named after him
• 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, etc
• Golden Ratio 1:1.618 or 0.618:1
Stock Market Applications
• Price Retracements / Targets– Classic 38.2, 50, 61.8 + Others
• Time targets– Classic 0.618, 1, 1.618– 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc.
• Elliott wave Time & Price Projections– Wave time and price relationships