Archive for October 2nd, 2010

Consumption Contraction Accelerates to New Long-term Low

| October 2, 2010

We have been monitoring the precipitous decline in the Consumer Metrics Institute (CMI) Growth Index (GI) during the past several months, and the downtrend in the annualized rate of change has moved down to another long-term low. The contraction rate leveled off early in September and exhibited bottoming behavior during most of the month before […]

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Intermediate-term Forecast for October 2, 2010

| October 2, 2010

Stock Weekly Chart Analyses The following weekly chart analyses provide intermediate-term forecasts for the stock markets that we monitor. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. The S&P 500 Index The index closed near unchanged this week, holding at recent highs of the short-term uptrend […]

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