OnTheMark Market Update – Keep Alert for S&P 1880

Last week I wrote:

“The holidays have left us with a feast of mixed signals.  But for an intermediate term investor there is considerable doubt about this market.  Small companies are not confirming, the recent advances have been on low volume, and long term indicators are decidedly negative.  A 75-25 asset mix of bonds/cash to the S&P still seems the appropriate mix of risk and reward.  As volume picks up in January we’ll get a better indication of market direction.” read more