ISM PMI Part One

I have wanted to write about the PMI’s for a while now, but in the public eye (the blog) I kept putting off because the piece would be either one or two thousand words, or a book, and I didn’t love either idea. Then I started writing this “simple indicators” series and figured that I could just do a multi-part …

A Different Way To Do Oscillators

If you use charts, and clearly we do, you have seen all the oscillators. RSI, Stochastics (which have no stochastics), ROC, CCI, MACD, Williams %R, etc. There are a bunch. And while there are a million ways to use any tool, the classic way to use these tools is as overbought/oversold indicators. Of course what those terms means is subject …

Is The CRB Raw Industrial Index The Holy Grail?

So the CRB RIND-Raw Industrials Index is on the face of it one of the strangest little indices out there. It is comprised of hides, tallow, copper scrap, lead scrap, steel scrap, zinc, tin, burlap, cotton, print cloth, wool tops, rosin, and rubber. If you need to go google what some of those are, then don’t worry we aren’t going …

Baa-10Yr Yield Spread: A Stock Or Bond Indicator?

What is the Baa-10-yr yield spread? The Baa-10Yr yield spread is simply the yield on Baa rated bonds minus the yield on the 10-Yr US Treasury yield. You can get the Moody Baa yield and the US 10Yr yield on the FRED website. You can even do this with the FRED Excel plug in.  Alternatively you can get almost the …