From week to week the stock market is behaving like a seesaw. There is no true market trend right now. Unfortunately, through the years we have given bullish and bearish signals as the stock market changes. These signals have worked since we started in 2011 and will continue to work as we get through this crisis. Investors should continue to expect choppy market signals for some time and expect the model’s direction could change from week to week, you should expect this.
With all this said, we will continue to announce the change in market direction alerts as the model reveals.
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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5/21/2020
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Dow
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24,474.12
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Nasdaq
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9,284.88
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S&P 500
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2,948.51
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