OPEN-SOURCE SCRIPT
Man on the Street (MonS) Index - K Shaped Economy Chart
This index, which I’m calling the Man on the Street (MonS) Index, is designed to track the "K-Shaped" divergence between the high-flying stock market and the lived reality of the American consumer.
While the major indices are driven by a handful of tech giants, the MonS Index monitors ten "canaries in the coal mine" across two critical pillars of the real economy:
Section 1: Discretionary Habits (The Wallet Test) DPZ / SBUX / CMG: The ultimate proxies for "stomach share." If consumers cut their $7 latte or $15 bowl, the discretionary squeeze is real.
STZ (Modelo/Corona): Tracks "vice" spending—usually the last habit to go.
ULTA: Monitors the "Lipstick Effect"—where shoppers buy small luxuries when they can't afford big ones.
Section 1: Mid-Market Reality (The Structural Test) WHR (Whirlpool): A high-conviction "big-ticket" signal. If people stop replacing appliances, the consumer is tapped out.
CTAS (Cintas): Tracks workforce health. If fewer uniforms and mats are being delivered, people aren't at work.
FL / KSS: Traditional mid-tier retail. These track the hollowing out of the middle-class shopper.
BBY (Best Buy): The "wait until next year" gauge for high-end tech and home theater.
The Thesis: We are looking for a "Snap Back." When the MonS Index sags while the SPY/QQQ stays vertical, it signals a mechanical disconnect that eventually must resolve. We stay in cash and wait for the "Pixels" to meet the "Pavement."
While the major indices are driven by a handful of tech giants, the MonS Index monitors ten "canaries in the coal mine" across two critical pillars of the real economy:
Section 1: Discretionary Habits (The Wallet Test) DPZ / SBUX / CMG: The ultimate proxies for "stomach share." If consumers cut their $7 latte or $15 bowl, the discretionary squeeze is real.
STZ (Modelo/Corona): Tracks "vice" spending—usually the last habit to go.
ULTA: Monitors the "Lipstick Effect"—where shoppers buy small luxuries when they can't afford big ones.
Section 1: Mid-Market Reality (The Structural Test) WHR (Whirlpool): A high-conviction "big-ticket" signal. If people stop replacing appliances, the consumer is tapped out.
CTAS (Cintas): Tracks workforce health. If fewer uniforms and mats are being delivered, people aren't at work.
FL / KSS: Traditional mid-tier retail. These track the hollowing out of the middle-class shopper.
BBY (Best Buy): The "wait until next year" gauge for high-end tech and home theater.
The Thesis: We are looking for a "Snap Back." When the MonS Index sags while the SPY/QQQ stays vertical, it signals a mechanical disconnect that eventually must resolve. We stay in cash and wait for the "Pixels" to meet the "Pavement."
Script open-source
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Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.