diff options
| author | nic <ra@afu.re> | 2024-07-29 17:32:00 -0400 |
|---|---|---|
| committer | nic <ra@afu.re> | 2024-07-29 17:32:00 -0400 |
| commit | 5ea5cee3184519862a7b2b5bebbcf74f5b6bcc44 (patch) | |
| tree | 30c9f7a8eacc25ef2f3c94044e1d2c439656af19 | |
| parent | 5d1beb817790c2cb987d9caa5d80a8ee3c769e40 (diff) | |
Auto from nzxt - Mon 29 Jul 2024 05:32:00 PM EDT
| -rw-r--r-- | Finance/Axioms.md | 3 | ||||
| -rw-r--r-- | Finance/Fundamentals.md | 7 | ||||
| -rw-r--r-- | Finance/ISM Purshasing Manager Index (PMI).md | 31 | ||||
| -rw-r--r-- | Finance/Indicators.md | 6 | ||||
| -rw-r--r-- | Finance/index.md | 1 |
5 files changed, 46 insertions, 2 deletions
diff --git a/Finance/Axioms.md b/Finance/Axioms.md new file mode 100644 index 0000000..f88832f --- /dev/null +++ b/Finance/Axioms.md @@ -0,0 +1,3 @@ +Don't trade P/L, trade stocks + + diff --git a/Finance/Fundamentals.md b/Finance/Fundamentals.md index 77ebe35..373c990 100644 --- a/Finance/Fundamentals.md +++ b/Finance/Fundamentals.md @@ -2,6 +2,11 @@ [[Indicators]] -Axioms... +[[Axioms]] Theory? + + +Q1 = Janvier,Fevrier,Mars +Q2 = Avril,May,Juin +Q3 = Juillet,Aout,Septembre diff --git a/Finance/ISM Purshasing Manager Index (PMI).md b/Finance/ISM Purshasing Manager Index (PMI).md new file mode 100644 index 0000000..f904c69 --- /dev/null +++ b/Finance/ISM Purshasing Manager Index (PMI).md @@ -0,0 +1,31 @@ + +PMI = (P1 x 1) + (P2 x 0.5) + (P3 x 0) + +Where: +- P1 = % of answers reporting improvements +- P2 = % of answers reporting no change +- P3 = % of answers reporting a deterioartion + +The PMI is based on a survey of supply chain managers, the survey ask if during last month business was the same, better or worse in 5 sectors. + + | Surveys | Weight | + | Production Levels | 20% | + | New Orders | 20% | + | Employement Levels | 20% | + | Supplier Deliveries | 20% | + | Inventories | 20% | + | PMI | 100% | + + +# How to follow the PMI # + +- PMI above 50 and growing Long (Strong) bias +- PMI above 50 and slowing Long (Weak) bias +- PMI below 50 and slowing Short (Strong) bias +- PMI below 50 and growing Short (Weak) bias +- PMI peak above 50 Short (Weak) bias +- PMI peak below 50 Long (Weak) bias + + +Source: +The Institute of supply management (ISM) release its PMI on the 1st business day of each month. diff --git a/Finance/Indicators.md b/Finance/Indicators.md index bf448de..db803f4 100644 --- a/Finance/Indicators.md +++ b/Finance/Indicators.md @@ -5,3 +5,9 @@ [[University of Michigan Consumer Sentiment Index (UMCSI)]] + + +3 types of economic indicator +- Lagging Past (lag 3-6 months) +- Coincident Present +- Leading Future (lag 6-12 months diff --git a/Finance/index.md b/Finance/index.md index 989f6e9..1fda96b 100644 --- a/Finance/index.md +++ b/Finance/index.md @@ -145,7 +145,6 @@ Twitter: when a group of low IQ retards start shouting loudly in unison, they do Positioning is everything -Don't trade P/L, trade stocks You can trade nonsense but don't believe it |