As I watch the market ticker scroll across my screen, I watch what happened today. Do you? do you see it scroll past and think of only what the market ended at today. The forecast for tomorrow? The lead indicators?
It used to be that was all you needed to watch. Your stocks. Your investment. See what your stuff did today. That's a bit selfish, isn't it? More so, though, it is closing off what else there is .......... tips and hints on what is in store in the future. Historically, the train shipments were the leading indicator on what was happening in the economy for the future. Is the market on an uptick. If the loads on the rails, the shipments were going up, then you could usually foresee the economy was picking up steam (no pun intended) and if it was consistently increasing, in approx. six months you could see the economy increase, barring any catastrophe. These days its the overnight carriers. Watch to see increases in Fed Ex, UPS, LoneStar Overnight. These will be the indicators that shipping is increasing and people are using those services to increase the economy.
Where is your market headed? http://tinyurl.com/2cbkdll
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