Saving the New Year

December 28, 2011

Saving the New Year is the title of Megan McArdle’s excellent article on saving.

If your neighbors aren’t saving much (and trust me, they aren’t), that means a less productive economy in the future-and more people trying to claim a very limited supply of public funds. You don’t want to be among them.

The whole article will make you think twice about the legitimacy of your rationalizations for failing to adequately save.


High RS Diffusion Index

December 28, 2011

The chart below measures the percentage of high relative strength stocks that are trading above their 50-day moving average (universe of mid and large cap stocks.) As of 12/27/11.

The 10-day moving average of this indicator is 71% and the one-day reading is 83%.