Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

MDM - Model switches to Neutral, July 27, 2011

In this trendless environment that characterizes much of 2011, the model has switched back to neutral. The agreement on raising the debt ceiling will likely be reached before the deadline, but counting today, that still is 5 trading days away. Enough selling pressure has hit the model to push it into a neutral signal. These are headline news driven markets which make for added risk since no trending consistency has been achieved so far this year, a frustrating year for many indeed, and a year that goes down in history as one of the most challenging if not the most challenging.

We continue to hold partial positions in the precious metals as there remains ample indication that plenty of tailwinds will push them higher in the long run. There also remains tailwinds on the side of stocks, but over the short term, stocks could fall further or remain trading in a choppy volatile manner.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy