Finance

DEVELOPMENTS IN THE FINANCE SECTOR

Risk is an everyday hazard that faces banks, funds and insurers. It can usually be mitigated, but it is rarely eliminated completely. There are some cases where a positive “hazard” is a very good thing to have – each business faces a risk or probability of making profits. Millions of people buy lottery tickets each [...]

Forensic accounting

Forensic accounting is a potentially rich source of value-added in financial environments. Part of forensic accountancy is an art, part science and the rest is detective work. There are three ways in which it can provide a valuable service in organisations:
1. Investigate a case post facto to see where a loss has occurred within the [...]

General Observations

The stock market is likely to be on firmer footing when strength in the daily- and, weekly-based advance-decline lines confirm strength in the various indices that reflect different sectors of the stock market. In other words, new highs in indice such as the Standard & Poor’s 500 Index should be confirmed by new highs in [...]

Relating to Advance-Decline Breadth Data

In a general sense know of no really firm parameters–certain observations can be made regarding the relationships behveen the movements of the daily and weekly advance-decline lines (internal market) and the various weighted market indices (external market). The Value Line Arithmetic Index, an unweighted index that includes all the issues in the Standard & Poor’s [...]

The Application of the New High/(New Highs + New Lows) Indicator to the Nasdaq Composite

The Application of the New High/(New Highs + New Lows) Indicator to the Nasdaq Composite
For whatever reason-and, no doubt, there might be many-timing models tend to produce better results when applied to theNasdaq Composite than when applied the New York Stock Exchange-related market indices, such as the Dow Industrials and the Standard &Poor’s 500 Index.
For [...]

Method of Interpretation

Buy signals can be said to take place when the ten-day moving average of the NH/(NH + NL) ratio first falls to below 25% (very oversold) and then rises by approximately ten units-say, from 13% to 23%-indicating that downside breadth momentum has begun to reverse.
Buy signals also can be said to take place when the [...]