In a couple of strong paragraphs, describe the ARMS index in your own words. What...

50.1K

Verified Solution

Question

Finance

  1. In a couple of strong paragraphs, describe the ARMS index in your own words. What does it help you evaluate with respect to investments?

  2. Calculate the ARMS index for the NASDAQ for the past two days, given the numbers provided presented here.

  3. Suppose the ARMS index last week was 0.68, discuss the implications for the NASDAQ and investment forecasting.

day number of stocks writing number of stocks failing volume of stocks rising volume of stocks failing in price

1 2,057 2,544 2,638,173,759 2,506,346,677

2 2,552 2,091 2,975,730,889 2,505,924,001

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students