Economic Report: ISM Manufacturing Index
Update: What does the ISM mean for the market? In an earlier post, we pointed out that the market tends to bottom at the same time as the ISM. The ISM ticked slightly higher this month, for the third consecutive month. While this does not constitute a trend, this could be the beginning of the bottoming process. .. read more
Economic Report: ISM Manufacturing Index
Update: What does the ISM mean for the market? In an earlier post, we pointed out that the market tends to bottom at the same time as the ISM. The ISM ticked slightly higher this month, for the second consecutive month. While this does not constitute a trend, this could be the beginning of the bottoming .. read more
Economic Report: ISM Services Index
The non-manufacturing sector in the US continued to contract in January, but at a slower pace than what was expected, according to the Institute of Supply Management’s non-manufacturing index. The financial crisis, as well as the continuing housing contraction, has reached all facets of the economy, and the services sector is feeling a lot of the pain. But this month’s reading is good news we .. read more
Economic Report: ISM Manufacturing Survey
Update: What does the ISM mean for the market? In an earlier post, we pointed out that the market tends to bottom at the same time as the ISM. The ISM ticked slightly higher this month, and while one month does not make a trend, this could be the beginning of the bottoming process. The US .. read more
What Does the ISM Tell Us?
Update: The ISM Manufacturing Report was positive for the month of January. There is no way to know how long this recession will last, but there is at least one indicator which could give us a clue about when the stock market will bottom. Let’s take a look at the ISM which has been a .. read more
