Home > Articles > Volume 20 (2002) > Chapter 8 (August 2002) > V. 20:8 (27): Q&A by Don Bright

V. 20:8 (27): Q&A by Don Bright

V. 20:8 (27): Q&A by Don Bright
Item# \V20\C08\158QA.pdf
$2.95
Availability: In Stock

Product Description

Q&A by Don Bright

LEADING INDICATORS

Every trader I have asked tells me to look at the leading indicators before trading. A friend told me he watches Intel [INTC] to see the direction of the overall market. Is this a good indicator? What do your traders use? — edgetrader

If you follow the money, as in many things, you will see a valuable leading indicator. Since there is more money changing hands in the Standard & Poor’s futures pit (and e-minis) than the rest of the overall market, it only makes sense to follow the SPOOs (S&P 500). When there is premium to FV (fair value), the market will follow; when there is a discount to FV, the market will follow (downward). If you add the money involved in program trading, then you have an even stronger leading indicator.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.



Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
    • Click Here to Order