Market Update July 5 2014

The technical models have SPY (equity market) and AGG (intermediate bonds) at BUY for all periods — short, medium and long term.

It appears that the bonds may be breaking down in the short term.  But otherwise the model reflects the overall market trend, which is up.  I commented to someone the other day that I’ve begun relying more on the technical model to overcome my basic socio-political pessimism about the future of the country and economy.

Mark

07052014 AGG 07052014 SPY

Leave a Reply