InvestStrat

PriMe Rate Indicator

Prime Rate is the rate US bank's lend to large and safe corporates)


Calculation

Rules
8% and above is high, below is low.
Increases are bearish, reductions are bullish.

Buy signals

  1. Any initial cut if below 8% is a buy signal.
  2. If prime peak is 8% or higher, a buy signal comes on either the second of two cuts or on a full 1% cut.

Sell signals

  1. Any initial hike in the prime rate if the prime’s low is 8% or greater.
  2. If the prime’s low is less than 8%, a sell signal comes on the second of two hikes or on a full 1% jump in the rate.

 

Prime Rate Indicator – when it gives a buy signal award 2 points, when it gives a sell signal award 0.

 

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PRIME RATE INDICATOR

 

Prime Rate Indicator
Date Prime Rate Signal Prime Rate Points
Sept-18 5.25 Sell 0
Aug-18 5.0 Sell 0
July-18 5.0 Sell 0
June-18 5.0 Sell 0
May-18 4.75 Sell 0
Apr-18 4.75 Sell 0
Mar-18 4.75 Sell 0
Feb-18 4.5 Sell 0
Jan-18 4.5 Sell 0
Dec-17 4.5 Sell 0
Nov-17 4.25 Sell 0
Oct-17 4.25 Sell 0
Sep-17 4.25 Sell 0
Aug-17 4.25 Sell 0
Jul-17 4.25 Sell 0
Jun-17 4.25 Sell 0
May-17 4 Sell 0
Apr-17 4 Sell 0
Mar-17 4 Sell 0
Feb-17 3.75 Buy 2
Jan-17 3.75 Buy 2
Dec-16 3.75 Buy 2
Nov-16 3.50 Buy 2
Oct-16 3.50 Buy 2
Sep-16 3.50 Buy 2
Aug-16 3.50 Buy 2
Jul-16 3.50 Buy 2
Jun-16 3.50 Buy 2
May-16 3.50 Buy 2
Apr-16 3.50 Buy 2
Mar-16 3.50 Buy 2
Feb-16 3.50 Buy 2
Jan-16 3.50 Buy 2
Dec-15 3.50 Buy 2
Nov-15 3.25 Buy 2
Oct-15 3.25 Buy 2
Sep-15 3.25 Buy 2
Aug-15 3.25 Buy 2
July-15 3.25 Buy 2
Jun-15 3.25 Buy 2
May-15 3.25 Buy 2
Apr-15 3.25 Buy 2
Mar-15 3.25 Buy 2
Feb-15 3.25 Buy 2
Jan-15 3.25 Buy 2
Dec-14 3.25 Buy 2
Nov-14 3.25 Buy 2
Oct-14 3.25 Buy 2
Sep-14 3.25 Buy 2
Aug-14 3.25 Buy 2
Jul-14 3.25 Buy 2
Jun-14 3.25 Buy 2
May-14 3.25 Buy 2
Apr-14 3.25 Buy 2
Mar-14 3.25 Buy 2
Feb-14 3.25 Buy 2
Jan-14 3.25 Buy 2
Dec-13 3.25 Buy 2
Nov-13 3.25 Buy 2
Oct-13 3.25 Buy 2
Sep-13 3.25 Buy 2
Aug-13 3.25 Buy 2
Jul-13 3.25 Buy 2
Jun-13 3.25 Buy 2
May-13 3.25 Buy 2
Apr-13 3.25 Buy 2
Mar-13 3.25 Buy 2
Feb-13 3.25 Buy 2
Jan-13 3.25 Buy 2
Dec-12 3.25 Buy 2
Nov-12 3.25 Buy 2
Oct-12 3.25 Buy 2
Sep-12 3.25 Buy 2
Aug-12 3.25 Buy 2
Jun-12 3.25 Buy 2
May-12 3.25 Buy 2
Apr-12 3.25 Buy 2
Mar-12 3.25 Buy 2
Feb-12 3.25 Buy 2
Jan-12 3.25 Buy 2
Dec-11 3.25 Buy 2
Nov-11 3.25 Buy 2
Oct-11 3.25 Buy 2
Sep-11 3.25 Buy 2
Aug-11 3.25 Buy 2
Jul-11 3.25 Buy 2
Jun-11 3.25 Buy 2
May-11 3.25 Buy 2
Apr-11 3.25 Buy 2
Mar-11 3.25 Buy 2
Feb-11 3.25 Buy 2
Jan-11 3.25 Buy 2
Dec-10 3.25 Buy 2
Nov-10 3.25 Buy 2
Oct-10 3.25 Buy 2
Sep-10 3.25 Buy 2
Aug-10 3.25 Buy 2
Jul-10 3.25 Buy 2
Jun-10 3.25 Buy 2
May-10 3.25 Buy 2
Apr-10 3.25 Buy 2
Mar-10 3.25 Buy 2
Feb-10 3.25 Buy 2
Jan-10 3.25 Buy 2
Dec-09 3.25 Buy 2
Nov-09 3.25 Buy 2
Oct-09 3.25 Buy 2
Sep-09 3.25 Buy 2
Aug-09 3.25 Buy 2
Jul-09 3.25 Buy 2
Jun-09 3.25 Buy 2
May-09 3.25 Buy 2
Apr-09 3.25 Buy 2
Mar-09 3.25 Buy 2
Feb-09 3.25 Buy 2
Jan-09 3.25 Buy 2
Dec-08 3.61 Buy 2
Nov-08 4 Buy 2
Oct-08 4.56 Buy 2
Sep-08 5 Buy 2
Aug-08 5 Buy 2
Jul-08 5 Buy 2
Jun-08 5 Buy 2
May-08 5 Buy 2
Apr-08 5.24 Buy 2
Mar-08 5.66 Buy 2
Feb-08 6 Buy 2
Jan-08 6.98 Buy 2
Dec-07 7.33 Buy 2
Nov-07 7.5 Buy 2
Oct-07 7.74 Buy 2
Sep-07 8.03 Buy 2
Aug-07 8.25 Sell 0
Jul-07 8.25 Sell 0
Jun-07 8.25 Sell 0
May-07 8.25 Sell 0
Apr-07 8.25 Sell 0
Mar-07 8.25 Sell 0
Feb-07 8.25 Sell 0
Jan-07 8.25 Sell 0
Dec-06 8.25 Sell 0
Nov-06 8.25 Sell 0
Oct-06 8.25 Sell 0
Sep-06 8.25 Sell 0
Aug-06 8.25 Sell 0
Jul-06 8.25 Sell 0
Jun-06 8.02 Sell 0
May-06 7.93 Sell 0
Apr-06 7.75 Sell 0
Mar-06 7.53 Sell 0
Feb-06 7.5 Sell 0
Jan-06 7.26 Sell 0
Dec-05 7.15 Sell 0
Nov-05 7 Sell 0
Oct-05 6.75 Sell 0
Sep-05 6.59 Sell 0
Aug-05 6.44 Sell 0
Jul-05 6.25 Sell 0
Jun-05 6.01 Sell 0
May-05 5.98 Sell 0
Apr-05 5.75 Sell 0
Mar-05 5.58 Sell 0
Feb-05 5.49 Sell 0
Jan-05 5.25 Sell 0
Dec-04 5.15 Sell 0
Nov-04 4.93 Sell 0
Oct-04 4.75 Sell 0
Sep-04 4.58 Sell 0
Aug-04 4.43 Sell 0
Jul-04 4.25 Buy 2
Jun-04 4.01 Buy 2
May-04 4 Buy 2
Apr-04 4 Buy 2
Mar-04 4 Buy 2
Feb-04 4 Buy 2
Jan-04 4 Buy 2
Dec-03 4 Buy 2
Nov-03 4 Buy 2
Oct-03 4 Buy 2
Sep-03 4 Buy 2
Aug-03 4 Buy 2
Jul-03 4 Buy 2
Jun-03 4.22 Buy 2
May-03 4.25 Buy 2
Apr-03 4.25 Buy 2
Mar-03 4.25 Buy 2
Feb-03 4.25 Buy 2
Jan-03 4.25 Buy 2
Dec-02 4.25 Buy 2
Nov-02 4.35 Buy 2
Oct-02 4.75 Buy 2
Sep-02 4.75 Buy 2
Aug-02 4.75 Buy 2
Jul-02 4.75 Buy 2
Jun-02 4.75 Buy 2
May-02 4.75 Buy 2
Apr-02 4.75 Buy 2
Mar-02 4.75 Buy 2
Feb-02 4.75 Buy 2
Jan-02 4.75 Buy 2
Dec-01 4.84 Buy 2
Nov-01 5.1 Buy 2
Oct-01 5.53 Buy 2
Sep-01 6.28 Buy 2
Aug-01 6.67 Buy 2
Jul-01 6.75 Buy 2
Jun-01 6.98 Buy 2
May-01 7.24 Buy 2
Apr-01 7.8 Buy 2
Mar-01 8.32 Buy 2
Feb-01 8.5 Buy 2
Jan-01 9.05 Sell 0
Dec-00 9.5 Sell 0
Nov-00 9.5 Sell 0
Oct-00 9.5 Sell 0
Sep-00 9.5 Sell 0
Aug-00 9.5 Sell 0
Jul-00 9.5 Sell 0
Jun-00 9.5 Sell 0
May-00 9.24 Sell 0
Apr-00 9 Sell 0
Mar-00 8.83 Sell 0
Feb-00 8.73 Sell 0
Jan-00 8.5 Sell 0
Dec-99 8.5 Sell 0
Nov-99 8.37 Sell 0
Oct-99 8.25 Sell 0
Sep-99 8.25 Sell 0
Aug-99 8.06 Sell 0
Jul-99 8 Sell 0
Jun-99 7.75 Buy 2
May-99 7.75 Buy 2
Apr-99 7.75 Buy 2
Mar-99 7.75 Buy 2
Feb-99 7.75 Buy 2
Jan-99 7.75 Buy 2
Dec-98 7.75 Buy 2
Nov-98 7.89 Buy 2
Oct-98 8.12 Buy 2
Sep-98 8.49 Sell 0
Aug-98 8.5 Sell 0
Jul-98 8.5 Sell 0
Jun-98 8.5 Sell 0
May-98 8.5 Sell 0
Apr-98 8.5 Sell 0
Mar-98 8.5 Sell 0
Feb-98 8.5 Sell 0
Jan-98 8.5 Sell 0
Dec-97 8.5 Sell 0
Nov-97 8.5 Sell 0
Oct-97 8.5 Sell 0
Sep-97 8.5 Sell 0
Aug-97 8.5 Sell 0
Jul-97 8.5 Sell 0
Jun-97 8.5 Sell 0
May-97 8.5 Sell 0
Apr-97 8.5 Sell 0
Mar-97 8.3 Sell 0
Feb-97 8.25 Buy 2
Jan-97 8.25 Buy 2
Dec-96 8.25 Buy 2
Nov-96 8.25 Buy 2
Oct-96 8.25 Buy 2
Sep-96 8.25 Buy 2
Aug-96 8.25 Buy 2
Jul-96 8.25 Buy 2
Jun-96 8.25 Buy 2
May-96 8.25 Buy 2
Apr-96 8.25 Buy 2
Mar-96 8.25 Buy 2
Feb-96 8.25 Buy 2
Jan-96 8.5 Buy 2
Dec-95 8.65 Buy 2
Nov-95 8.75 Sell 0
Oct-95 8.75 Sell 0
Sep-95 8.75 Sell 0
Aug-95 8.75 Sell 0
Jul-95 8.8 Sell 0
Jun-95 9 Sell 0
May-95 9 Sell 0
Apr-95 9 Sell 0
Mar-95 9 Sell 0
Feb-95 9 Sell 0
Jan-95 8.5 Sell 0
Dec-94 8.5 Sell 0
Nov-94 8.15 Sell 0
Oct-94 7.75 Sell 0
Sep-94 7.75 Sell 0
Aug-94 7.51 Sell 0
Jul-94 7.25 Sell 0
Jun-94 7.25 Sell 0
May-94 6.99 Sell 0
Apr-94 6.45 Sell 0
Mar-94 6.06 Buy 2
Feb-94 6 Buy 2
Jan-94 6 Buy 2
Dec-93 6 Buy 2
Nov-93 6 Buy 2
Oct-93 6 Buy 2
Sep-93 6 Buy 2
Aug-93 6 Buy 2
Jul-93 6 Buy 2
Jun-93 6 Buy 2
May-93 6 Buy 2
Apr-93 6 Buy 2
Mar-93 6 Buy 2
Feb-93 6 Buy 2
Jan-93 6 Buy 2
Dec-92 6 Buy 2
Nov-92 6 Buy 2
Oct-92 6 Buy 2
Sep-92 6 Buy 2
Aug-92 6 Buy 2
Jul-92 6.02 Buy 2
Jun-92 6.5 Buy 2
May-92 6.5 Buy 2
Apr-92 6.5 Buy 2
Mar-92 6.5 Buy 2
Feb-92 6.5 Buy 2
Jan-92 6.5 Buy 2
Dec-91 7.21 Buy 2
Nov-91 7.58 Buy 2
Oct-91 8 Buy 2
Sep-91 8.2 Buy 2
Aug-91 8.5 Buy 2
Jul-91 8.5 Buy 2
Jun-91 8.5 Buy 2
May-91 8.5 Buy 2
Apr-91 9 Buy 2
Mar-91 9 Buy 2
Feb-91 9.05 Buy 2
Jan-91 9.52 Buy 2
Dec-90 10 Buy 2
Nov-90 10 Buy 2
Oct-90 10 Buy 2
Sep-90 10 Buy 2
Aug-90 10 Buy 2
Jul-90 10 Buy 2
Jun-90 10 Buy 2
May-90 10 Buy 2
Apr-90 10 Buy 2
Mar-90 10 Buy 2
Feb-90 10 Buy 2
Jan-90 10.11 Buy 2
Dec-89 10.5 Buy 2
Nov-89 10.5 Buy 2
Oct-89 10.5 Buy 2
Sep-89 10.5 Buy 2
Aug-89 10.5 Buy 2
Jul-89 10.5 Buy 2
Jun-89 11 Sell 0
May-89 11.5 Sell 0
Apr-89 11.5 Sell 0
Mar-89 11.5 Sell 0
Feb-89 11.5 Sell 0
Jan-89 10.5 Sell 0
Dec-88 10.5 Sell 0
Nov-88 10.5 Sell 0
Oct-88 10 Sell 0
Sep-88 10 Sell 0
Aug-88 10 Sell 0
Jul-88 9.5 Sell 0
Jun-88 9 Sell 0
May-88 9 Sell 0
Apr-88 8.5 Buy 2
Mar-88 8.5 Buy 2
Feb-88 8.5 Buy 2
Jan-88 8.75 Buy 2
Dec-87 8.75 Buy 2
Nov-87 8.75 Buy 2
Oct-87 9 Sell 0
Sep-87 8.75 Sell 0
Aug-87 8.25 Sell 0
Jul-87 8.25 Sell 0
Jun-87 8.25 Sell 0
May-87 8.25 Sell 0
Apr-87 7.75 Buy 2
Mar-87 7.5 Buy 2
Feb-87 7.5 Buy 2
Jan-87 7.5 Buy 2

Source: Wall Street Journal

Prime Rate Date of Change
Date of Change Rate Signal
December 1, 1947 1.75  
August 1, 1948 2  
September 22, 1950 2.25  
January 8, 1951 2.5  
October 17, 1951 2.75  
December 19, 1951 3  
April 27, 1953 3.25  
March 17, 1954 3 Buy
August 4, 1955 3.25  
October 14, 1955 3.5 Sell
April 13, 1956 3.75  
August 21, 1956 4  
August 6, 1957 4.5  
January 22, 1958 4 Buy
April 21, 1958 3.5  
September 11, 1958 4  
May 18, 1959 4.5 Sell
September 1, 1959 5  
August 23, 1960 4.5 Buy
December 6, 1965 5  
March 10, 1966 5.5 Sell
June 29, 1966 5.75  
August 16, 1966 6  
January 26, 1967 5.75 Buy
March 27, 1967 5.5  
November 20, 1967 6  
April 19, 1968 6.5 Sell
September 25, 1968 6.25 Buy
December 2, 1968 6.5 Sell
December 18, 1968 6.75  
January 7, 1969 7  
March 17, 1969 7.5  
June 9, 1969 8.5  
March 25, 1970 8  
September 21, 1970 7.5 Buy
November 12, 1970 7.25  
November 23, 1970 7  
December 22, 1970 6.75  
January 6, 1971 6.5  
January 15, 1971 6.25  
January 18, 1971 6  
February 16, 1971 5.75  
March 11, 1971 5.5  
March 19, 1971 5.25  
April 23, 1971 5.5  
July 7, 1971 6 Sell
October 20, 1971 5.75 Buy
November 8, 1971 5.5  
December 17, 1971 5.25  
January 3, 1972 5  
January 18, 1972 4.75  
February 16, 1972 4.5  
March 20, 1972 4.75  
March 31, 1972 5 Sell
June 27, 1972 5.25  
August 29, 1972 5.5  
October 3, 1972 5.75  
December 27, 1972 6  
February 27, 1973 6.25  
March 26, 1973 6.5  
April 19, 1973 6.75  
May 7, 1973 7  
May 25, 1973 7.25  
June 7, 1973 7.5  
June 22, 1973 7.75  
July 2, 1973 8  
July 9, 1973 8.25  
July 18, 1973 8.5  
July 30, 1973 8.75  
August 6, 1973 9  
August 13, 1973 9.25  
August 21, 1973 9.5  
August 28, 1973 9.75  
September 18, 1973 10  
October 23, 1973 9.75  
October 29, 1973 9.5 Buy
December 3, 1973 9.75 Sell
January 29, 1974 9.5 Buy
February 11, 1974 9.25  
February 19, 1974 9  
February 25, 1974 8.75  
March 22, 1974 9 Sell
April 1, 1974 9.25  
April 4, 1974 9.5  
April 8, 1974 9.75  
April 11, 1974 10  
April 22, 1974 10.25  
April 25, 1974 10.5  
May 2, 1974 10.75  
May 7, 1974 11  
May 10, 1974 11.25  
May 17, 1974 11.5  
June 27, 1974 11.75  
July 8, 1974 12  
October 8, 1974 11.75  
October 22, 1974 11.25 Buy
November 6, 1974 11  
November 13, 1974 10.75  
November 25, 1974 10.25  
January 9, 1975 10.25  
January 15, 1975 10  
January 20, 1975 9.75  
January 28, 1975 9.5  
February 3, 1975 9.25  
February 10, 1975 9  
February 18, 1975 8.75  
February 24, 1975 8.5  
March 5, 1975 8.25  
March 10, 1975 8  
March 18, 1975 7.75  
March 24, 1975 7.5  
May 20, 1975 7.25  
June 9, 1975 7  
July 20, 1975 7.25  
July 29, 1975 7.5 Sell
August 11, 1975 7.75  
September 12, 1975 8  
October 28, 1975 7.75  
November 7, 1975 7.5 Buy
December 2, 1975 7.25  
January 12, 1976 7  
January 21, 1976 6.75  
June 1, 1976 7  
June 10, 1976 7.25  
August 3, 1976 7  
September 24, 1976 6.75  
November 1, 1976 6.5  
November 24, 1976 6.25  
May 13, 1977 6.5  
May 31, 1977 6.75 Sell
August 22, 1977 7  
September 16, 1977 7.25  
October 7, 1977 7.5  
October 24, 1977 7.75  
January 10, 1978 8  
May 5, 1978 8.25  
May 26, 1978 8.5  
June 16, 1978 8.75  
July 30, 1978 9  
August 31, 1978 9.25  
September 15, 1978 9.5  
September 28, 1978 9.75  
October 13, 1978 10  
October 27, 1978 10.25  
November 1, 1978 10.5  
November 6, 1978 10.75  
November 17, 1978 11  
November 24, 1978 11.5  
December 26, 1978 11.75  
June 19, 1979 11.5  
July 27, 1979 11.75  
August 16, 1979 12  
August 28, 1979 12.25  
September 7, 1979 12.75  
September 14, 1979 13  
September 21, 1979 13.25  
September 28, 1979 13.5  
October 9, 1979 14  
October 23, 1979 15  
November 1, 1979 15.25  
November 9, 1979 15.5  
November 16, 1979 14.75  
November 30, 1979 15.5  
December 7, 1979 15.25  
February 19, 1980 15.75  
February 22, 1980 16.5  
February 29, 1980 16.75  
March 4, 1980 17.25  
March 7, 1980 17.75  
March 14, 1980 18.5  
March 19, 1980 19  
March 28, 1980 19.5  
April 2, 1980 20  
April 18, 1980 19.5  
May 1, 1980 18.5 Buy
May 7, 1980 17.5  
May 16, 1980 16.5  
May 23, 1980 14.5  
May 30, 1980 14  
June 6, 1980 13  
June 13, 1980 12.5  
June 17, 1980 12  
July 7, 1980 11.5  
July 25, 1980 11  
August 22, 1980 11.25  
August 27, 1980 11.5 Sell
September 8, 1980 12  
September 12, 1980 12.25  
September 19, 1980 12.5  
September 26, 1980 13  
October 1, 1980 13.5  
October 17, 1980 14  
October 29, 1980 14.5  
November 6, 1980 15.5  
November 17, 1980 16.25  
November 21, 1980 17  
November 26, 1980 17.75  
December 2, 1980 18.5  
December 5, 1980 19  
December 10, 1980 20  
December 16, 1980 21  
December 19, 1980 21.5  
January 2, 1981 20.5 Buy
January 9, 1981 20  
February 3, 1981 19.5  
February 23, 1981 19  
March 10, 1981 18  
March 17, 1981 17.5  
April 2, 1981 17  
April 24, 1981 17.5 Sell
April 30, 1981 18  
May 4, 1981 19  
May 11, 1981 19.5  
May 19, 1981 20  
May 22, 1981 20.5  
June 3, 1981 20  
July 8, 1981 20.5  
September 15, 1981 19.5 Buy
October 5, 1981 19  
October 13, 1981 18  
November 3, 1981 17.5  
November 9, 1981 17  
November 16, 1981 16.5  
November 24, 1981 16  
December 3, 1981 15.75  
February 8, 1982 16.5 Sell
February 18, 1982 17  
February 23, 1982 16.5  
July 20, 1982 16  
July 29, 1982 15.5 Buy
August 2, 1982 15  
August 16, 1982 14.5  
August 18, 1982 14  
September 3, 1982 13.5  
October 7, 1982 13  
October 13, 1982 12  
November 22, 1982 11.5  
January 11, 1983 11  
February 21, 1983 10.5  
August 8, 1983 11 Sell
March 19, 1984 11.5  
April 5, 1984 12  
May 8, 1984 12.5  
June 26, 1984 13  
September 27, 1984 12.75  
October 16, 1984 12.5 Buy
October 24, 1984 12  
November 8, 1984 11.75  
November 28, 1984 11.25  
December 19, 1984 10.75  
January 15, 1985 10.5  
May 20, 1985 10  
June 18, 1985 9.5  
March 7, 1986 9  
April 21, 1986 8.5  
July 11, 1986 8  
August 26, 1986 7.5  
April 1, 1987 7.75  
May 1, 1987 8 Sell
May 15, 1987 8.25  
September 4, 1987 8.75  
October 7, 1987 9.25  
October 22, 1987 9  
November 5, 1987 8.75 Buy
February 2, 1988 8.5  
May 11, 1988 9 Sell
July 14, 1988 9.5  
August 11, 1988 10  
November 28, 1988 10.5  
February 10, 1989 11  
February 24, 1989 11.5  
June 5, 1989 11  
July 31, 1989 10.5 Buy
January 8, 1990 10  
January 2, 1991 9.5  
February 4, 1991 9  
May 1, 1991 8.5  
September 13, 1991 8  
November 6, 1991 7.5  
December 23, 1991 6.5  
July 2, 1992 6  
March 24, 1994 6.25  
April 19, 1994 6.75 Sell
May 18, 1994 7.25  
August 16, 1994 7.75  
November 15, 1994 8.5  
February 1, 1995 9  
July 7, 1995 8.75  
December 20, 1995 8.5 Buy
January 31, 1996 8.25  
March 27, 1997 8.5 Sell
September 30, 1998 8.25  
October 16, 1998 8 Buy
November 18, 1998 7.75  
July 1, 1999 8 Sell
August 25, 1999 8.25  
November 17, 1999 8.5  
February 3, 2000 8.75  
March 22, 2000 9  
May 17, 2000 9.5  
January 4, 2001 9  
February 1, 2001 8.5 Buy
March 21, 2001 8  
April 19, 2001 7.5  
May 16, 2001 7  
June 28, 2001 6.75  
August 22, 2001 6.5  
September 18, 2001 6  
October 3, 2001 5.5  
November 7, 2001 5  
December 12, 2001 4.75  
November 7, 2002 4.25  
June 27, 2003 4  
July 1, 2004 4.25  
August 11, 2004 4.5 Sell
September 22, 2004 4.75  
November 10, 2004 5  
December 14, 2004 5.25  
February 2, 2005 5.5  
March 22, 2005 5.75  
May 3, 2005 6  
June 30, 2005 6.25  
August 9, 2005 6.5  
September 21, 2005 6.75  
November 1, 2005 7  
December 13, 2005 7.25  
January 31, 2006 7.5  
March 28, 2006 7.75  
May 10, 2006 8  
June 29, 2006 8.25  
September 18, 2007 7.75 Buy
October 31, 2007 7.5  
December 11, 2007 7.25  
January 22, 2008 6.5  
January 30, 2008 6  
March 18, 2008 5.25  
April 30, 2008 5  
October 8, 2008 4.5  
October 29, 2008 4  
December 16, 2008 3.25  
December 16, 2015 3.50  
December 15, 2016 3.75  
March 16, 2017 4.00 Sell
June 15, 2017 4.25  
December 13, 2017 4.5  
March 22, 2018 4.75  
June 13, 2018 5.0  
September 26, 2018 5.25  

Buy Signals
Date of Change S&P 500 % Change
* To Current Time
March 17, 1954 26.62 +54.8
January 22, 1958 41.2 +41.1
August 23, 1960 57.75 +57.75
January 26, 1967 85.81 +11.7
September 25, 1968 102.36 +5.6
September 21, 1970 81.91 +21.8
October 20, 1971 95.65 +12.4
January 29, 1974 96.01 +1.3
October 21, 1974 73.5 +20.7
November 5, 1975 89.15 +10.6
August 2, 1976 103.19 -6.9
December 7, 1979 107.52 +6.6
May 1, 1980 105.46 +18.4
December 22, 1980 135.78 -.5
June 16, 1981 132.15 -.2
September 21, 1981 117.24 +.5
March 8, 1982 107.34 +1.8
July 26, 1982 110.36 +46.4
October 15, 1984 165.77 +73.8
November 5, 1987 254.48 -0.5
July 14, 1989 331.84 +33.4
December 20, 1995 605.94 +27.7
October 16, 1998 1056.42 +30.7
February 1, 2001 1373.47 -21.7
September 18, 2007 * 1519.78 -31.4

Sell Signals
Date of Change S&P 500 % Change
October 14, 1955 41.22 0
May 18, 1959 58.15 -.7
March 10, 1966 88.96 -3.5
April 19, 1968 95.85 +6.8
December 2, 1968 108.12 -24.2
July 6, 1971 99.76 -4.1
June 26, 1972 107.48 -10.7
March 22, 1974 97.27 -24.4
July 28, 1975 88.69 +.5
June 7, 1976 98.63 +4.6
May 31, 1977 96.12 +11.9
February 19, 1980 114.6 -8.0
August 26, 1980 124.84 +8.8
April 24, 1981 135.14 -2.2
June 22, 1981 131.95 -11.1
February 1, 1982 117.78 -8.9
March 16, 1982 109.28 +1.0
August 10, 1983 161.54 +2.6
May 1, 1987 288.08 -11.7
November 5, 1988 253.31 +31.0
April 19, 1994 442.54 +36.9
March 27, 1997 773.88 +36.5
July 1, 1999 1380.96 -0.54
August 11, 2004 1075.79 +41.3

Light grey area of column marks the extent of Zweig's original data and changes  
Yellow squares denote changed buy/sell signal due to updating of data  
Green squares show the rough position of Zweig's original signal  
Source: Wall Street Journal, Standard and Poors  

 

Fed Indicator