OTM Market Update – A Change in Tone

Prior Week Market Performance:

  • The S&P large caps lost 0.4% last week to 2108.29.
  • The Russell 2000 small caps lost 3.1% last week to 1228.11.
  • Long Bonds (TLT) lost 3.9% last week to 124.00.
  • Asset Allocation Model: Stocks – 52.5%; Bonds 27.5%; Discretionary 20%

 Two Week’s Ago Commentary:  Right now the market technical direction is unchanged.  Still looks good in the intermediate and long term.

Current Technical Model Indicators (Short, Med, Long periods): read more