The SPX advanced 10.76 points yesterday to close at 1094.83. TOT daily traders went 200% long at SPX 1086 and took profits on the close.
Since initiation of this service on September 30, 1993, our daily trader recommendations have gained 8330.31 cumulative SPX points compared to a gain of 635.90 points in the index itself over the same period.
The super long term perspective for the stock market remains bearish, and it’s unlikely anything will change that for several years.
The long term model remains bearish, and the short term model remains ever so slightly bullish.
The daily model is neutral today, reflecting both high uncertainty and high risk. Stand aside.
Thanks for the opportunity to be of service, and I’ll email you again in 24 hours – or sooner if circumstances warrant.
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