Heavy Weight Truck Sales Forecasts Stock Market Bottoms
If you’re seeking another stock market direction indicator, look to the sales volume of Heavy Weight Trucks (see data HERE). This data is an excellent “bottom fisher” forecasting tool to identify stock market bottoms.
Heavy Weight Truck Sales has a cycle of about 9-10 years, similar to that of the well known decennial stock market cycle pattern.
If we push the sales volume cycle ahead in time, we see it nearly perfectly coincides with great times to get long in the stock market (start buying equities).
According to the data, which also agrees with other data we’ve published, sometime near the end of 2027 and into 2028 will be the time to consider the stock market to have bottomed.
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To your success.