I was messing around with SlopeCharts, as I so often do, and I stumbled across one of our more unusual indicators – $CARS – which shows motor vehicle production. I overlaid it with the SPY and saw a mildly-interesting phenomenon in which car production peaks and rolls lower before stocks do. Like I said – meh – mildly-interesting.
Far more interesting to me (but probably no one else) is the even stranger SlopeCharts symbol $PALO which shows not just Palo Alto real estate values, but the values in my specific neighborhood. Finally there’s a bull market I can love.
