In this video from Mullooly Asset Management Tom and Brendan talk about long term indicators. Long term indicators are a crucial part of point and figure charting. Point and figure charts are used heavily at Mullooly Asset Management because they give good insight on different stocks, bonds, and mutual funds. The charts show positive trends and negative trends that can show whether a stock, bond, or mutual fund will be a good investment. Point and figure charts also can be read to show the total market direction.
There are technical indicators used for analysis in the short term, intermediate term, and long term ranges. For educational purposes, this video is focused solely on long term indicators. We plan to have follow up podcasts and videos that focus on the short term and intermediate term. Long term indicators can be broken down into three areas of focus. The first area we focus on is the percentage of mutual funds in a positive trend. The second area we look at is cash vs. equities, which is S&P 500 vs. the thirteen week treasury bill rate. The third area of long term indicators that we focus on is the bullish percent of all mutual funds. We have spoken about bullish percent before on our weekly podcasts.
If you want to learn a lot about long term indicators, we suggest that you watch this week’s Mullooly Asset Management video. Long term indicators are something we take seriously at Mullooly Asset, so we think you should have a good understanding of them.
Absolutely none of the securities mentioned in this video or blog post are considered specific investment advice. Mullooly Asset Management strongly suggests that our viewers, listeners, and readers consult with their investment adviser before making any decision to buy or sell any investments. If you do not have an investment adviser please do not hesitate to contact Mullooly Asset Management through phone call or email.
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