130 Charts & Commentary on all major Markets — for your weekend reading.
“Don’t start the week without it”
KEY TOPICS COVERED
One month ago:
In today’s report:
STOCKS: A year of performance in four weeks.
Our most aggressive upside targets were reached this week: Updating signals for a turning point — *Where Are We?*
No one’s debating if this is a Bull or Bear Market anymore. Is this a Sell? Rolling out some new custom indicators to the arsenal — to track the next topping signal.
Countdown to a decision: what I’m watching closely to reduce exposure for the first time in this rally. “This too will change.” When it does, fortunes will be made and lost (again). Trying to stay one step ahead of the crowd, but not more than one step.
Adding scans & updating targets: assessing (1) model signals, (2) market behavior, (3) individual stocks.
FX & RATES — Big macro shift potential (continued).
The Dollar is tied closely with every view of risk here. It too is facing a big decision point.
Open Portfolio & Updated Plan
Having an open mind and allowing the market to guide us very soon, could be the difference between a great summer and an average one. This is a strong year and I intend to keep pushing hard — eyes wide open to the next big move here.
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