Stock markets can be unpredictable. The bullish alert on 11/8/2018 never gained its footing and fizzed out today. This was a classic two-week whipsaw. If you have followed us for sometime you have seen this happen before. This is not an environment to take new long positions now. Don't fight the tape.
Our proprietary model has turned BEARISH our recommendation is to go SHORT the stock market at this time. The current closing numbers of the indexes for this recommendation are:
Stock Market Closing Numbers
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11/23/2018
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Dow
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24,285.95
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Nasdaq
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6,938.98
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S&P 500
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2,632.56
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