On average, all three indicators continued upward over the next 13 weeks with relatively low volatility.
Specifically, those three indicators are expected to drop between 0.2 and 0.4 percentage points in October.
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How can they reasonably be summarized into two or three indicators to be communicated effectively, he asked, and how difficult would it be to reach a consensus within the Fed.
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Figure 1 summarizes how the three market indicators reacted each week for 13 weeks following a 52-week high.
So how should one interpret the plunge in the past year in all three series of leading indicators?
There are three different types of indicators: coincident, lagging and leading.
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Pre-market indicators for all three major indices were down as the unemployment rate edged up to 9.8%.
The Fed has already raised interest rates three times this year, but most economic indicators, from housing starts to jobs, indicate that the economy is still growing strongly - by 5.5% in the most recent quarter, according to official figures.
It may form a three-weeks-tight, which is one of the indicators that we have at IBD, or it may pull back to a moving average line.
All pages link to a stock's fundamentals, technical indicators and discussion groups, reinforcing the site's three-point approach.
My technical indicators say that the majority of stocks have been weakening the past three weeks even while the major indices have risen.
Growth in all three of these metrics accelerated in December and we believe these trends are important indicators of the long term growth potential of our business.
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Retail sales were relatively flat, though production indicators were mixed, suggesting companies are healthy and at least firing on all three cylinders if not four.
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But the memo reminds staff that if it takes more than three minutes to close the call, the service fails one of its "key performance indicators".
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