Barometers

The data on this page provides us with big-picture indicators of the U.S. economy.

This metric helps us determine when to engage in active management and when to invest passively.

It is a crude but robust measurement of risk relative to previous episodes.

Tracking the performance of all eleven Select Sector SPDRs against the benchmark S&P 500 Index provides us with information that can be used to detect rotation of these sectors.

We count up the number of buy and sell signals for each index and plot the data.

Helene Meisler discussed sources of sentiment data and pointed to the NAAIM Exposure Index as a good source.