Market Direction Model - Model switches to CASH/NEUTRAL on December 3, 2018
|Published:||3 Dec 2018 10:40 ET|
The Market Direction Model has switched to a CASH signal. This means to sell your sell-related ETFs. A Santa Claus rally may be in the offing, but we have moved straight-up-from-bottom and the talks with China remain fluid. Also as stated earlier, volatility remains elevated so smaller position sizes are warranted if timing the markets for both buy and sell signals, but in the meantime, the sidelines are the best place for now.
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