Market Risk Model Flashes Sell
Thursdays market action moved our risk model to a sell signal. We now recommend a defensive posture for the time being. Mark MinerviniJanuary 21, 2011 @ 12:15AM/EST
Market Commentary – Thursday January 20, 2011 – posted @ 9:20AM/EST
In my January 4, 2011 Market Commentary, I pointed to signs of divergence in some of the markets key leaders. At the time, these divergences were significant enough to move our leading stock portion of our risk model to neutral from positive. While this did not move the risk model to an outright sell, it [...]
Market Commentary – Wednesday January 19, 2011 – posted @ 2:30PM/EST
We have increased the turnover rate in our portfolio considerably over the past several weeks. This is due mainly to a switch from holding stocks through natural pullbacks in an effort to realize larger gains, to a more conservative approach of nailing down profits when we have them. As Ive discussed in recent market commentary, [...]