The S&P 500 end-of-month closing prices from June 2009 through May 2011 follow: a. Compute the six-month
Question:
The S&P 500 end-of-month closing prices from June 2009 through May 2011 follow:
a. Compute the six-month moving averages associated with this series of data.
b. Plot the results of your computations in part (a). Describe any patterns, or trends, that are apparent.
c. According to your interpretations of the graph, in which direction do you think the market should move during the last half of 2011? (Note: At the time you work this problem, you should be able to compare your prediction to what actually happened in the market.)
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a 6month moving Month SP 500 average Jun09 91932 Jul09 98748 Aug09 102062 Sep09 105708 Oct09 103619 ...View the full answer
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