The S&P 500 end-of-month closing prices from June 2009 through May 2011 follow: a. Compute the six-month

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The S&P 500 end-of-month closing prices from June 2009 through May 2011 follow:

The S&P 500 end-of-month closing prices from June 2009 through

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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Related Book For  answer-question

Principles of Finance

ISBN: 978-1111527365

5th edition

Authors: Scott Besley, Eugene F. Brigham

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