• The Harvard MBA indicator generates long-term market signals based on the proportion of new Harvard MBA graduates who take jobs in the securities markets.

  • This is the opposite indicator, where if more than 30% are taken for such work, this is a sell signal, and if less than 10% is a buy signal.
  • The Harvard MBA indicator usually gives more sell than buy signals and correctly predicted stock bear markets in 1987, 2000 and 2008.