Transportation index (DJT) is usually considered a good indicator of the US economy. An old say goes – “manufacturing makes, transportation takes”. Transportation is considered a leading indicator and usually slows down first before we notice in any major indexes or economic reports. Some investors use DJT for economic forecasting. There is Continue reading →
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Archive for November 15th, 2017
Those were the days
There are days when you don’t want to have too many trades on. Today is one of those days. S&P500 was down 20 points in the morning (it recovered all morning losses already, or almost all). Selling like this have negative impact on the comfort of your trading. So if you have too many Continue reading →
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