Buy in May, says Coppock.
Investors Chronicle - magazine and web content, June, 2009
Byline: Robert Ansted
IC/COPPOCK: Our unique technical indicator produced 23 buy signals for May - but the FTSE100 and All-share weren't among them
May was certainly a busy month as far as the IC/Coppock Indicators were concerned, as nine markets from our major markets worldwide, seven from the FTSE All Share Index sectors and a further seven from our emerging markets tables all posted "buy" signals.
Stock market trend analysts are divided equally on the eventual outcome of the FTSE and Dow Jones' markets. They have been issuing conflicting reports to confused investors who, having eyed up the reasonable dividend yields available on the market opposed to the dismal interest paid on their bank accounts, are waiting for the best time to get...
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