This will make you millions in the stock market. Save this so you ALWAYS know what will happen.
One of my secrets is always monitoring HEAVY truck sales.
When the economy turns weak, companies are the first to react by lowering spending and procurement, causing heavy logistics to decrease. Conversely, when economic conditions improves, the purchase of trucks would rebound. It's that simple.
When truck sales are above 0.47M (top quartile):
1. economy is running hot
2. start playing a bit more defensive
3. raise quality in your portfolio
When truck sales are between 0.25M and 0.47M:
1. normal range
2. stay the course
3. hold your winners
When truck sales crash below 0.25M:
1. the economy is bottoming
2. get aggressive
3. this is where generational wealth is built
Right now?
Truck sales are at 0.43M. 73rd percentile. Not in the danger zone yet.