As always, however, we are not simply
measuring obvious trends of the major indices (which may or may not continue), but internal strength across a variety of measures of breadth, leadership, industry behavior, asset classes, price / volume characteristics, and so forth.
Not exact matches
Our interest is in
measuring this information content — to gauge the quality of market action, not simply to chase raw and
obvious market
trends that may or may not have run their course.
I would have said it is transparently
obvious that ice volume is a better
measure than ice area, if you want to understand long - term
trend and the impact of human emissions — though it's great to have both
measures.
So for me, the
obvious way to
measure this would be to compare the
trends in growing cities to the ones that have no growth: those that change vs. those that don't change.