Slow Down On Buy Button
This short-term trend is at the top of the range so it is time to slow down on the buy button.
The SPX equal-weight is up against resistance.
I think the small caps might be the next group to participate.
The ECRI Index just poked up above the zero-level, so I think the longer-term outlook has flipped to positive... although with the usual backdrop of a choppy, muddling economy.
Outlook Summary
The long-term outlook is positive as of April 12.
The medium-term trend is up as of January 4.
The short-term trend is up as of March 29.
The medium-term trend for bond prices is up as of November 16 (prices higher yields lower).Likely to be downgraded to negative soon.
Investing Themes:
Large-Caps, Mid-Caps, Transports, Dividend-Payers
Technology, Consumer, Industrials
Semiconductors, Software, Retail
China, Russia
Strategy During a Bull Market:
- Buy large cap stocks and ETFs at the lows of the medium or short-term market trends.
- Buy small cap growth stocks on breaks to new highs in the early stages of market trends.
- Reduce buying when the market trend is at the top of the range.
- Take partial profits when the market uptrend starts to struggle at the highs.
- The cardinal rule is never invest based on personal politics. The stock market can do well regardless of which political party is in control.
Disclaimer: I am not a registered investment advisor. My comments above reflect my view of the market, and what I am doing with my accounts. The analysis is not a recommendation to buy, ...
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