Value Continues to Perform
This week’s Market Outlook is abbreviated due to our travel schedule. We taught a master class at TradersExpo in Las Vegas.
This week’s highlights are:
- Risk Gauges are 100% bullish
- Volume patterns remain decent overall
- Market Internals are slipping despite the continued run-up
- Market Sentiment has reached short term frothy levels
- Semi’s continuing to lead by a wide margin
- Value stocks are now leading the recent move up and broke out on a longer-term basis compared to growth stocks
- Gold, Gold Miners, and Bonds all traded down and must hold current levels on weekly charts for longer-term trends to remain intact
- The Yield Curve is no longer inverted
Stay One Step Ahead of The Markets and Profit
From The Current Volatility With Market Outlook
