OTM Market Update January 10 2015

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Prior Week Market Performance

  • The S&P large cap index lost 0.7% last week to 2044.81.
  • The Russell 2000 small cap index lost 1.1% last week to 1185.68.
  • Long Bonds (TLT) gained 2.9% last week to 131.07.
  • Asset Allocation Model: materially unchanged at  52% Stocks, 27% Bonds, 19% Optional.

 Last Week’s Commentary:  we could have a 4% market drop in next 45 days but it would not alter upward intermediate trend

 This Week’s Commentary: the market is still inside of an ascending channel in the S&P500 as well as within a sideways range in the Russell 2000 (see charts immediately below).  All to the point that it is behaving as might be expected.  Although the long term trend is bullish there is room for a continued slight downward turn in the market over the next month or so and it should not worry longer term investors. read more

OTM Market Update January 3 2015

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  • The S&P large cap index lost 1.5% last week to 2058.20.
  • The Russell 2000 small cap index lost 1.4% last week to 1198.80.
  • Long Bonds (TLT) gained 2.3% last week to 127.32.
  • Asset Allocation Model: unchanged at  49% Stocks, 32% Bonds, 19% Optional.

The technical models continue to consider the broad market as a BUY, as has been the case for some weeks now.  The alert reader may notice that there is some deterioration along the edges, but not enough to change the overall recommendation. read more

OTM 4X KBA Current Holdings and Performance

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As the OnTheMark 4X KBA Model (Technical combined with Value based Fundamentals like Intrinsic Value) progresses, here is a point in time analysis of the current holdings presuming the model is applied to all stocks in the US Equity market.  I am still developing an ability to backtest using fundamental data (point in time Intrinsic value), so this analysis is based on what is going on right now in the model. read more