In this week’s Mullooly Asset Management podcast Tom and Brendan discuss long term indicators. We use point and figure charting here at Mullooly Asset Management, which gives us a great look at things like mutual funds, stocks, and bonds. We can see positive and negative trends in all of these areas through point and figure charts. We can also look at what the overall direction of the market is like by using these same charts.
We can see what the overall direction of the market is by looking at some technical indicators. These indicators are short term, intermediate term, and long term. In this week’s podcast, long term indicators are discussed. There are three long term indicators that we look at. The first is bullish percent for all mutual funds which gives us a long term picture of money in motion. It lets us look at the percent of charts that are on buy signals. We also look at the percentage of mutual funds that are in a positive trend, and cash vs. equities. Cash vs. equities is the 13 week treasury bill rate vs. the S&P 500.
All of these long term indicators are very important to the overall plan that we use to invest at Mullooly Asset Management. Make sure to tune in and learn all about the three long term indicators in this week’s podcast.
Mullooly Asset Management highly recommends that our listeners and readers talk with their personal investment adviser before making any choice to buy or sell any investments. None of the securities mentioned in this podcast or blog post are considered investment advice. If you do not have an investment adviser please do not hesitate to contact Mullooly Asset Management through phone call or email.
You can download this week’s podcast for free on iTunes!