Special Bulletin: July 12th, 2018

On Tuesday, July 10th the last negative aspect in the stock markets current underlying technical condition turned positive according to our proprietary risk management discipline. The recent rally has improved the stock markets health to the point where it has necessitated an upgrade in our Current Market Outlook to “Uptrend Resumes” with a green light. In case you were wondering, that last negative technical had been in place since January 19th, 2018.

The hopeful road to 2nd half 2018 investor profits will likely be news driven and a bit bumpy, and may even take many investors by surprise. With so much negative news swirling about currently, the market may have begun climbing the proverbial wall of worry. It is possible that more professional selling (Distribution Days) could re-emerge yet this summer, and if it does we will allow our proprietary three stage sell-signal discipline to do its job of downgrading our official outlook and causing us to take proactive steps to position our clients assets defensively in order to protect their hard earned capital. In the meantime, we will “let the trend be our friend” and continue searching for and investing in quality opportunities within our strategies.  Have a Triumphant day! ®