- The S&P gained 1.2% last week, rising to 2063.50.
- The Russell 2000 lost 0.1% last week, falling to 1172.42.
- Long Bonds (TLT) rose 0.5% last week, rising to 120.10.
- Asset Allocation Model: 52% Stocks, 27% Bonds, 20% Optional.
As has been true the past two weeks, the S&P technical model says BUY in all periods. The small cap Russell 2000 has now flashed BUY. Overall market performance across the board is “in gear” with a rising market. The Asset Allocation model is slightly even more bullish, with stock allocation rising to 52%. As the charts below indicate, now is generally a good time to enter the market with wise buys.