I have included two proprietary economic and market oscillators that are part of a suite of indicators that were built with the intention of further informing my investment and trading decisions. Included are the “AD Oscillator Primary” and more granular “AD Oscillator Sub-Index”. Generally, below 0.25 represents an economy and market that has the potential for future risk (i.e. “sell”) and above 0.75 represents the potential for future strength (i.e. “buy”).
The “AD Oscillator Primary” has successfully projected 7 out of 8 recessions since 1968 (the one exception being 1981) and provided the worst reading ever in February of 2020.
*Depending on your CPU, the charts may take up to a minute to load
**Values updated as of 8/25/2023.
“AD Oscillator Primary” latest reading: 0.066
“AD Oscillator Sub-Index” latest reading: 0.481
EVERYTHING CONTAINED HEREIN SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE AND ANY OPINIONS OR VALUES EXPRESSED ARE SUBJECT TO CHANGE AT ANY TIME. MARKETS HAVE INHERENT RISKS THAT NEED TO BE CONSIDERED WHOLLY BEFORE MAKING INVESTMENT DECISIONS. AUSTIN DEARDORFF IS NOT LIABLE FOR ANY INVESTMENT LOSSES.