Thursday, January 3, 2013

Stock Systems -- Go Flat 1/3/13 at 3:30pm

Our overall stock market signal has gone from bullish to neutral.  The S&P is currently at 1457.

The last signal change was on October 11, 2012, when the (intermediate-term) systems went long, when the S&P stood at 1438.  The systems rode some volatility -- but in the end, completed the bullish stance with a gain of 19 S&P points.

After the recent rise in stocks:
  • Our intermediate overbought indicators are now slightly bearish.  
  • Long-term model is bullish.  
  • Short-term model helped to bring us to the current neutral position.  
Happy New Year!

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