The advertising world is in crisis, and the maturation of digital ads means there won’t be an industry bright spot like there was in 2008 Read More...
Business
MarketWatch
Market bottom or ‘very tough times ahead’? Here’s what one chart watcher is keeping his eye on
Investors say there’s no one chart that will signal when the stock-market bottom is in. In a Friday blog post, the founder of Kimble Charting Solutions pointed to the chart above for the Thomson Reuters Equally Weighted Commodities Index, which he said “will go miles and miles towards telling us if we are headed towards very tough times or if the huge declines of late are actually in a bottoming process.” The index tracks a basket of 17 commodities, including cocoa, coffee, copper, corn, soybeans, cotton, crude oil, gold, heating oil, lean hogs, live cattle, natural gas, platinum, silver, soybean oil, sugar and wheat.
Add Comment