5 Star market compass Stock market direction pointers give a fast read on where markets are going. Get your quick market direction read from jobs, cars and housing statistics. Using them gives reliable and useful information. You can use it to profitably invest.
Get the most likely stock market direction with some easy observations and simple questions. That can give you a reliable and useful indication of stock market direction.
Here is a way to profit from a quick, easy & accurate economic report. Ask among your contacts, neighbors, friends and family, observe and question to have your own five start economic and market compass!
5 Stars of economic and market research
-
Careers advancing or are jobs being lost?
-
People concerned or confident about employment?
-
New cars being bought or old cars repaired?
-
Houses being purchased and renovations made?
-
More people up sizing or down sizing?
You can spend weeks delving deeply into economic reports or listening to the droning and arguing of pundits, experts and politicians. Or use this simple alternative approach which works very well.
Checking those economic indicators near you works to give you a good view of the local economy.
You now have your own economic snapshot!
Jobs, cars and houses can tell you what you need to know. Even in smaller communities and those based entirely on natural resource extraction, these indicators work well. They are easily observed and well understood.
Go national
For the national economy, results from major metropolitan centers are most indicative. Sampling from two or more centers in two regions can add depth to your research.
Finally you can refine your personal observations by making a few Google inquiries.
Google knows…
-
Job Trends
-
Car Sale Trends
-
House Sale Trends
The search results from these inquiries can be refined further by adding “+ nation (or + community)” to each Google search. The “nation” being your country or the country you want to study. The community being the name of the city.
Some interpretation required
The results will not be uniform which is completely normal. Consider the information you gathered. On balance is it positive or negative? What overall trend do you see?
The opinions of those you ask, do matter. Both opinion and facts matter to the economic and stock market outlook. But facts, the actual numbers, give you the best information.
The absolute numbers of jobs, cars or houses does not matter. What matters are the increases or decreases in sales. The trend. Compare current numbers with the results from 3, 6 and 12 months ago.
The results will certainly have a trend or bias. They will be up or down. The direction of the bias, mostly positive or mostly negative, gives the answer you need. With that you have a very good indication of the most probable stock market direction for months ahead.
It comes down to one question. Is the trend up or down? On balance, more sales over three months means we are going up. Less means down.
Share: 5 Star market compass
Buttons at the bottom of the page let you send this lesson to family and friends!
Subscribe free and get White Top Investor lessons in your inbox!
Make money work for you by knowing how investors think, feel and act. Learn here The Investor Mind.
White Top Investor website layout and organization: click here.
Course links to White Top Investor lessons.
You may also like these other lessons related to: 5 Star market compass
5 Key finance checks
Mortal investors see immortal debt
Bernanke billions save trillions
Optimism and unrealistic investor minds
Aggressive trading chases profits
5 Key finance checks
Income, value and growth investing
Investment impatience destroys wealth
Comments and questions welcome
Email me at [email protected].
Make money work for you
Use White Top Investor lessons to learn investing. By doing that you can grow into a knowledgeable, comfortable and confident investor. To learn how, you can learn investing one small step at a time at your own pace. Do that and become the master of your financial security and independence. White top Investor never sells or shares our email list. Learn more.
Monitor Markets to Protect Wealth:
Introduction to Monitor Markets to Protect Wealth Lesson 1
4 Indicators muffle noise Lesson 2
4 Market direction drivers Lesson 3
Daily buyer-seller battles Lesson 4
3 Risk or opportunity signals Lesson 5
Look forward with data Lesson 6
5 Star market compass Lesson 7
Check market direction trends Lesson 8
Headline news market risks Lesson 9
Next lesson 8: Check market direction trends
Have a prosperous investor day!
Bryan
White Top Investor
[email protected] WhiteTopInvestor.com
Let’s connect, follow me; Twitter LinkedIn Facebook
Image courtesy FreeDigitalPhotos.net
© 2013-19 Bryan Kelly