As the new year approaches, City Index Chief Technical Analyst Sandy Jadeja summarises 2011, analysing the stock market from a technical perspective and gives his thoughts on the FTSE 100, Dow Jones, Gold, Crude Oil, EUR/USD exchange rate and what is likely to be in store for 2012 Sandy Jadeja, Chief Technical Analyst, City Index: [...]
Strong corporate earnings, reports of buyers returning to markets help push indicator up to 46.9 With a gain of just under one point in January, the Dow Jones Economic Sentiment Indicator signaled that the U.S. economy is slowly pulling itself out of the recession. The ESI edged up from 46.1 in December to 46.9 in [...]
Upbeat reporting on local real-estate markets, positive economic reports help break indicator’s holding pattern; Rise sets positive tone for New Year Driven by a wide range of upbeat grassroots economic news, the Dow Jones Economic Sentiment Indicator (ESI) jumped 2.2 points to 46.1 in December, breaking out of its previous range and indicating the economy [...]
September Decline Not Unusual but Increasing Coverage of Faltering Recovery in the Last Week Adds to Indicator’s Largest Decline in Two Years Following four months of modest but steady gains, the Dow Jones Economic Indicator (ESI) fell to 40.7 in September, down from 43.2 in August and its largest one-month drop since October 2008. And [...]