When the release data for an economic indicator is announced, the view of
inflation trends can change dramatically and so can the value of an
investor's portfolio.
To help investors understand the impact of the
economy in planning their investment strategies, professionals in the
financial industry formed
Econoday in 1990.
Since then,
Econoday
has published financial calendars that include an entire year of economic
and financial information that investors need to simplify daily investment
decisions. Each calendar day highlights major economic events that may
influence the market.
Knowing the dates of important market events is
good, but understanding the importance of these events is even better.
Econoday is a proven
learning tool with easy to understand charts and graphs depicting economic
and financial statistics, exchange rates, and commodity prices over a 10
year historical period. The calendar helps to educate investors by providing
resources such as in-depth descriptions of market moving indicators.
Investors will learn the importance of these indicators in analyzing market
trends and how release data is interpreted by professionals in the industry.
In 1997 a web calendar was developed which includes release dates along with
release data, commentary, and charting to help investors identify trends in
the market . The dynamics of the web presents exciting opportunities for
Econoday to continue its
goal in keeping investors informed.
At Econoday we help
make it easier for investors to follow economic trends for the purpose of more
strategically managing their portfolios. Our printed and web products follow
a 3 step process to accomplish this goal.
- Stay informed
of the events that influence the market each day, but focus on the market
moving indicators. These are the indicators that have historically had the
biggest impact on the market. We have identified 12 market moving indicators
and provide an in-depth description of each.
- Track the
individual components of these 12 market moving indicators. In the printed
calendars we include grids that investors can fill out. In our on-line
calendar we provide the actual release data going back 12 months. This data
can assist investors in identifying strengths and weaknesses in sectors of
the economy as well as the pace of inflation.
- Analyze the data.
Know what the trends have been before an indicator is released. If the
release data surprises the market, you have a strategy in place and will be
less likely to be influenced by market reaction.
You'll find it easy (even
fun) to follow economic trends. In fact, a warning is in order: tracking
the numbers, comparing them to the consensus estimates, and trying to
predict upcoming releases yourself, may be habit forming or even addictive.
For more information please contact us at :
| Email: |
info@econoday.com |
| Telephone: |
(925) 299-5350 |
| Toll free: |
(800) 988-3332 |
| Fax: |
(925) 299-5355 |
| Address:
|
Econoday, Inc. 3685 Mt. Diablo Boulevard, Suite 253 Lafayette, CA 94549 |
|