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BullandBearWise Index Trimmed This Week

May 6, 2005

The drop in Non-Manufacturing ISM (Services) trimmed the BullandBearWise Index this week.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 6, 2005 -- The BullandBearWise Index ranks the importance of 32 economic and financial indicators and assigns them a status of “Bullish” or “Bearish.” For the latest week, the drop in Non-Manufacturing ISM (Services) subtracted an unweighted value of 2 from the Index.

During the week, Manufacturing ISM, Agricultural Prices, Factory Order, InitialJobless Claims, Non-Farm Productivity, the Unemployment Rate and Consumer Credit remained on-trend and did not affect the BullandBearWise Index.

For the week, the cumulative unweighted change was minus 2, resulting in the Index dropping to 35.82.

The indicators used in the BullandBearWise Index are weighted based on the table available at http://www.bullandbearwise.com/calculation.asp. All bullish indicators are then summed and divided into the sum of all the indicators. When an indicator changes from bearish to bullish, the Index increases 1.5 times the Weighting. For example, if Consumer Credit (Weighting = 1) turns from bearish to bullish, the BullandBearWise Index would increase by 1.5.


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Contact Information

  • Name: Peter Duray-Bito

    Email: ***@bullandbearwise.com





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