- The S&P gained 0.2% last week, rising to 2067.56.
- The Russell 2000 rose 0.1% last week to 1173.23.
- Long Bonds (TLT) rose 2.0% last week to 122.49.
- Asset Allocation Model: unchanged. 52% Stocks, 27% Bonds, 20% Optional.
As has been true the past three 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 remains bullish, with stock allocation at 52%. As the charts below indicate, now is generally a good time to enter the market with wise buys.