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BullandBearWise Index Inched Higher This Week

July 8, 2005

The drop in Agricultural Prices moved the BullandBearWise Index higher this week.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 8, 2005 -- For the latest week, the rise in Agricultural Prices and the Non-Manufacturing ISM Index added an unweighted value of 3 to the Index. The rise in Initial Jobless Claims subtracted an unweighted value of 2 from the Index.

During the week, Factory Orders, Unemployment Rate and Consumer Credit remained on-trend and did not affect the BullandBearWise Index.

For the week, the cumulative unweighted change was plus 1, resulting in the Index rising to 56.72.

Is the consumer finally tapped out? asked Peter Duray-Bito, owner of BullandBearWise.com. May Consumer Credit turned negative..

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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