Trin Volume declining/Number declining
Volume advancing/Number advancing
Data
Problem 12-13
Use the data from The Wall Street Journal in Figure_12.5 to verify the trin ratio for the NYSE. Is the trin
ratio bullish or bearish?
1455 advances
Data
Problem 12-16
Suppose Baa-rated bonds currently yield 6%, while Aa-rated bonds yield 5%. Suppose that due to an increase in the expected
inflation rate, the yields on both bonds increase by 1%.
a.Calculate the new confidence index? (Round your answer to 3 decimal places.)
Data
Day Advances Declines a Net advances cumulative breadth
1
906 704 202 202
Problem 12-20
The following table contains data on market advances and declines.
653 986 -333 -131
721 789 -68 -199
503 968 -465 -664
970 702 268 -994
903 722 181 -420
850 748 102 -318
766 766 0 -318
Data
this year last year
Problem 12-22
Given the following data on bond yields:
This YearLast Year Yield on top-rated corporate bonds8% 8.5% Yield on intermediate-grade corporate bonds10.5 10
confidence index