Chemical Barometer Indicates Rising Equities
The Chemical Activity Barometer(CAB) has provided insight to the US economy since 1919. The CAB trend has a history of preceding the trends we see in Employment, Indusrial Procuction and the SP500 ($SPY ($INX). Hitting a new high in the current cycle tells us that we can expect additional economic expansion and with it higher equity prices.
My best advice is to stay invested in equities. A rising tide carries all ships
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Todd's investing strategy is essentially long with the rare short. He seeks to buy undervalued issues with an upcoming catalyst that will help them realized.... More »