If it were possible to forecast the market, then this update would detail the weeks and months ahead of us. Unfortunately, no one can accurately predict what the market will do going forward. However, tools are available to know the market conditions today – therefore what is, is. With current information, we can know if markets are on offense or defense and whether risk is high or low. Armed with that information, we then make the decisions based on what we see today.
Please see the 8-minute video for current market conditions. You can select full screen viewing (at lower right of You Tube window). It will take a few seconds for the screen quality to become clearer.
The postings on this site are my own and do not necessarily represent Dorsey, Wright & Associates positions, strategies or opinions. This post and video is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction, or as an offer to provide advisory or other services by Capital Retirement Planning, LLC in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. Capital Retirement Planning, LLC expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing or video.