Based on our model the market has turned BULLISH after
today. However, our suggestion is to nibble on new positions and not going
all-in on the long side. There is a strong possibility the stock market could
change and turn BEARISH again quickly.
We are experiencing unprecedented times in trading. This
market has bounced back quickly in the last 3 days. History indicates the
market is likely to decline and retest the lows or even go lower. So, build your
portfolio for the long haul.
Our proprietary model has turned BULLISH our recommendation is to go LONG the stock market at this time. The current
closing numbers of the indices for this recommendation are:
Stock Market Closing Numbers
|
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3/26/2020
|
|
Dow
|
22,552.17
|
Nasdaq
|
7,797.54
|
S&P 500
|
2,630.07
|
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