by Martin Pring | Sep 8, 2020 | Martin Pring's Technical Corner
The S&P Composite has rallied close to 60% since late March, making a historic and remarkable round trip in a short period of time. You would think that after such a move it would make sense to anticipate a significant retracement. From an intermediate term...
by Martin Pring | Jun 9, 2020 | Martin Pring's Technical Corner
Where Have We Been? Back in February the stock market registered new highs. At the same time, several of the leading indicators we follow were tentatively signaling the emergence of the economy from its third growth slowdown since the financial crisis. Along came the...
by Martin Pring | May 7, 2020 | Martin Pring's Technical Corner
Chart 1 below compares the S&P to our Master Economic Indicator (MEI). It combines the momentum of six leading economic indicators and comes into its own when economic activity causes it to drop below the -40% level and then moves back above it. Such action earns...
by Martin Pring | Jan 6, 2020 | Martin Pring's Technical Corner
A large part of the Pring Turner investment approach is derived from the fact that the business cycle is nothing more or less than a repetitive chronological sequence of events. The cycle begins with a bottoming in the interest sensitive housing industry and ending...
by Martin Pring | Oct 17, 2019 | Martin Pring's Technical Corner
Even though we have already experienced the longest expansion on record, the latest data suggest the possibility of a resurging level of business activity as the economy emerges from its third post 2009 slowdown. As a follow-up to our July article, Recovery or...
