The Major Trend Index rose 0.02 points to a ratio of 1.14 for the week ended December 23th, with no significant swings within the five factor categories. While the Intrinsic Value work reached another new extreme for the bull market, the balance of the MTI suggests that the category is likely to erode even further before this old bull finally gives up the ghost. Our tactical funds remain positioned with net equity exposure of 64%.
Dec
28
2016