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This consumer sentiment index represents results of survey of consumers, which is conducted by Michigan University. Questions touch upon confidence of citizens in economic conditions and prospects for the nearest future. Obtained figure throws light on respondents' sentiment and their intentions regarding spending money. Index is published twice a month. The fist one is the advance report announced in the end of the second week, usually on Friday. In two weeks final report is published. Publication time is 10:00 a.m EST (New York). Market respond to published data is minor. Index growth is favorable towards consolidation of national currency.
What are the stories of the people who defined path of stock trading? Jesse Livermore, Larry Williams, Bill Williams forex, William Gann elaborated plenty of ideas for market which are still vital for our modern stock online trading. Gann, one of the most enigmatic and legendary traders in the world. He was born on June 6 of 1878 and died on June 18, 1955. His personality was surrounded by rumors including the opinion that he was a mason and a very rich person and an absolutely opposite opinion that the last years of his life he lived upon the income obtained from tutoring his apprentices and died in poverty; there are no reliable facts proving one or another opinion. At the same time, there are irrefutable facts proving his public transactions brought him good returns in the lifetime of Mr. Gann. This outstanding trader elaborated several instruments of technical analysis well-known to everyone as Gann angles, square 4, circle 360. His theory relies upon geometry and astrology. Gann was able to predict price and date of reversal within the accuracy one 1 day. Ralph Nelson Elliott, a famous American financier, the author of Elliot waves theory. He was born on July 28 of 1871 year and died in January of 1948. From 1929 year, at the age of 58 he withdrew from business because of illness and, in order to find an occupation within the breaks of attacks of illness, he devotes himself to studying stock markets. By May 1934 results of Mr. Elliot's observations had started to form an overall picture and on August 31 of 1938 year his first book “ The Wave Principle” was published.
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