GEN COMBO LOOSELEAF INVESTMENTS; CONNECT ACCESS CARD
GEN COMBO LOOSELEAF INVESTMENTS; CONNECT ACCESS CARD
11th Edition
ISBN: 9781260201550
Author: Bodie
Publisher: MCG
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Chapter 12, Problem 22PS
Summary Introduction

To compute:

The change from last year to current year in the confidence index

Introduction:

Confidence index reflects the faith of investor in the security market and the economy. A deteriorating or low confidence index is considered as a bearish sign by the technical analyst. On the other hand A high or increasing level of confidence index is considered as a bullish sign by technical analyst.

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