In other words, the last time the globe saw
a below average month, Ronald Reagan was just entering his second term in office.
Not exact matches
Now its
average speed is 24.5 miles an hour; that's about 1 mph better than its velocity through most of 2014, but well
below the
average of 26 mph the previous year — a number it plans to exceed in the next 12
months.
The number rests slightly above the six -
month average of 164,000, but
below the three -
month average of 188,000, revealing that growth has slowed.
The ADP Employment Report shows companies added 176,000 new jobs last
month,
below the
average of the past three
months.
If the S&P 500 closes
below 1970 on Monday (it closed at 1932.23), the 10 -
month moving
average will cross
below the 20 -
month moving
average from above for the first time since 2008.
Western Australian retail spending rose 0.2 per cent
month on
month in January, to $ 2.8 billion, slightly
below the national
average of 0.3 per cent.
CREA said Friday the level of sales activity marked a four - year low for the
month of March and was seven per cent
below the 10 - year
average.
The S&P 500 also closed down more than 7 percent from an all - time high set last
month and broke
below its 50 - day moving
average, a key technical level.
«While employment growth in the restaurant industry is slightly above its twelve -
month average, the pace of franchise jobs added overall is running well
below its
average.»
The sales last
month were the second lowest March total in Greater Vancouver since 2001 and 30.2 per cent
below the 10 - year sales
average for the
month, the board said.
But Mulcair earlier this
month said he would impose «a slight and graduated increase» that would still be «far
below the
average that the Conservatives had for the 10 years that they've been in power.»
There's never been a recession with the unemployment rate
below its 12 -
month average.
Morrison said the
month ended about three - per - cent
below the 10 - year
average for sales in August, signalling a return to historically normal activity after record - breaking sales earlier this year.
Despite rising 0.3 points last
month, the National Federation of Independent Business Small Business Optimism Index remains
below its pre-recession
average, mired in what the association's economists call its «recession range.»
Historically, unemployment has fallen
below 5 % before a market top, and a recovery will have been going on for an
average of 58
months at that point.
If the S&P 500 closes
below 1970 on Monday, the 10 -
month moving
average will cross
below the 20 -
month moving
average from above for the first time since 2008.
The August score of 50.7, just barely indicating manufacturing expansion, is the sixth consecutive monthly reading to remain
below the three -
month moving
average.
Franchisees» six -
month business outlook rating fell to 1.81, meaningfully
below the 2.8 survey's historical
average, Kalinowski said.
The
average monthly return following a close
below the 12 -
month moving
average is -0.15 %.
Albert Edwards, a strategist at the bank, noted that the term «death cross» derives from the shape on a chart «when a 50 -
month moving
average (currently at 1152) falls
below the 200 -
month average (currently 1145).
Only 69.9 percent of businesses reported their payroll change last
month, the lowest rate in nearly four years, and well
below the 79.4 percent
average over the last 12
months.
Boeing (BA) recently dropped to a 4 (
Below Average) for Timeliness, but the rest of these equities are ranked to either keep pace with or outperform the broader market over the next six to 12
months.
With $ LULU
below key horizontal price support of the $ 60 level, its 40 - week moving
average, and recently
below the 10 - week moving
average as well, the stock could suffer a pretty ugly sell - off over the next several
months if broad market conditions continue to deteriorate.
What we find here is that the 10 -
month change in our economic activity composite is significantly, though imperfectly, related to employment growth over the following two
months, above or
below the
average level of job growth over the preceding 10
months.
In general, a drop in consumer confidence by more than 20 points
below its 12 -
month average has accompanied the beginning of recessions;
Last
month, $ EEM convincingly broke down
below support of a long - term uptrend line, and is now bouncing into new resistance of that prior support line (which is also converging with resistance of its declining 50 - day moving
average).
The opportunity arose, I argued, because it seemed to me that the oil environment was finally, in fact, ready to improve — oil stockpiles were finally dropping
below 5 - year
averages and declining steadily, and rig counts were due to decline as well, after so many
months of sub-profitable oil prices.
About 5.7 billion shares traded hands on U.S. exchanges, 8.6 percent
below the three -
month average.
These conditions comprise the following: S&P 500 overvalued with the Shiller P / E (the ratio of the S&P 500 to the 10 - year
average of inflation - adjusted earnings) greater than 18; overbought with the S&P 500 within 3 % of its upper Bollinger band (2 standard deviations above the 20 - period
average) at daily, weekly, and monthly resolutions, more than 7 % above its 52 - week smoothing, and more than 50 % above its 4 - year low; overbullish with the 2 - week
average of advisory bullishness (Investors Intelligence) greater than 52 % and bearishness
below 28 %; and yields rising with the 10 - year Treasury bond yield higher than 6 -
months earlier.
Each Friday, the six trading strategies studied: (1) take a long position in a commodity if hedging pressure for both the commodity and the S&P 500 Index are
below their 52 - week
averages; or, (2) take a long position in the S&P 500 Index if hedging pressure for both the commodity and the S&P 500 Index are above their 52 - week
averages; or, (3) hold 3 -
month U.S. Treasury bills.
He treats supply (demand) as increasing or decreasing for a stock when the number of current -
month news articles (Google searches) is above or
below the 12 -
month average, respectively.
Consumers with excellent credit profiles typically pay interest rates
below the 60
month average of 4.21 %, while those with credit profiles in need of improvement should expect to pay much higher rates.
For all asset classes (but focusing on currencies), they define bad market conditions as
months when the excess return on the broad value - weighted U.S. stock market is less than 1.0 standard deviation
below its sample period
average.
The percentage each ETF within the Ivy 10 and Ivy 5 Portfolio is above or
below the current 10
month simple moving
average is now provided.
The board says 2,579 detached properties, townhouses and condominiums sold last
month in Metro Vancouver, down 27.4 per cent from April 2017 and 22.5 per cent
below the 10 - year
average for the
month.
Thus, you may see different signals from time to time and small differences in percentages above /
below a moving
average depending on whether an ETF has paid a dividend in the past 10
months.
The table
below provides a breakdown of VIX futures
average daily volume this
month during different daily time periods.
Although it has drifted up in recent
months, consumer sentiment is still
below long - run
average levels, held down by concerns about high unemployment and the effect of structural reforms that are under way (Graph 12).
Harley reported profit of 5 cents a share in the last three
months of the year, well
below the 46 cent
average analyst estimate.
In view of that, our prices will conform to what is obtainable in the industry but will ensure that within the first 6 to 12
months our products will be sold a little bit
below the
average price of various fresh juice and smoothie brands in the United States of America.
For most of the first three
months the VIX Index, a common measure of equity volatility, traded somewhere between 11 and 13, well
below its historical
average of 20.
US corporate spreads narrowed modestly over the three
months since the last Statement, from levels already well
below historical
averages (Graph 16).
The good news is that even if the payrolls number is a major disappointment, Wall Street — and the Fed — will be far more interested in the
average hourly earning number, although here too the risk is for disappointment, as today's Personal Income and Spending report showed, specifically the ongoing slowdown in both private and and government worker wages, both now
below last
month's 2.5 % Y / Y increase in AHE according to the BLS.
The only significant problem is that the maximum CPP benefit is very modest, just $ 1092.80 per
month, and the
average benefit is less than one half of that amount due to years of earnings
below the maximum amount and years spent outside of the paid workforce.
Unlike the S&P 500, the NASDAQ is already trading
below its 10 -
month moving
average, but the index is still trading above its long - term uptrend line:
We would be more compelled if this was accompanied by a drop in consumer confidence of 20 points or more
below its 12 -
month average, which typically accompanies the beginning of recessions.
The chart
below shows the
average 6 -
month, 12 -
month and 18 -
month returns (annualized) following a first - time cut by the Fed.
For example, since 1950, the S&P 500 has enjoyed total returns
averaging 33.18 % annually during periods when the S&P 500 price / peak earnings ratio was
below 15 and both 3 -
month T - bill yields and 10 - year Treasury yields were
below their levels of 6
months earlier.
The composite PMI, which is a GDP - weighted
average of the PMI surveys» manufacturing and services output measures, has been
below 50 (thereby signalling falling output) in every
month since March 2012 with the exceptions of September and October 2013.
As Bill Hester recently observed, the current level of economic activity has had a much higher probability of being recessionary in periods when the S&P 500 was also weak — for example,
below its level of 6
months earlier, or
below its 12 -
month moving
average.