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“During July and August, the market was able to mount strong rallies into the monthly close.
A monthly close above this trendline would be a feat not accomplished in 18 months, which could encourage the bulls.
Jerry Samet has successfully used the Coppock indicator using weekly close data vs. monthly close.
In last week's Monthly Close Process Overview training class, we discussed the payment and refund functionality in TIS.
We understand that the monthly close will prevent Kyle from helping us any further until tomorrow at noon at the earliest, and that he will be absent this afternoon.
With unprecedented insight into profitability, collections, budgets and cash flow, the company has significantly shortened its monthly close by streamlining manual processes, such as revenue recognition and consolidations, among many other benefits.
This month-end close provides financial reports for the company that can be used for all external reporting.