Sometimes there really isn’t much to add, and today is one of those days. In fact, there hasn’t been a 1% daily move – up or down – since October 15th. That is an incredible 25 days and we know that won’t continue forever, but for now the market is steady as she goes.
As you know, we continue to look for a temporary pullback in the market given:
- Our four key tactical indicators,
- The U.S. Treasury Yields and Defensive sectors are leading in last few days
- Bullish sentiment is on rise as some well-known bears have capitulated.
Don’t get me wrong, we think the market should close the year above where it is today, but we expect some temporary angst first.
From an administrative note, we are working on adding video content to the site that is both educational and entertaining. Once we find out logistics and work it through our legal eagles, there will be much more frequent personalized videos for premium subscribers so that you can hear and see exactly how and why we use various indicators and data sources.
Past performance is not a guarantee of future results. Index returns are unmanaged and do not reflect the deduction of any fees or expenses.
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