Guinness over Harp...the Glass is half full…of Black or Tan

From the Wall Street Journal: “’The Major improvement in jobless claims seen since mid-September has stalled’, wrote Ted Wieseman, an economist at Morgan Stanley, in a note to investors…”  That sort of ties in with the “Crash or Correction” Blog I posted last Tuesday.  So will we see the predicted drop in hiring?  Time will tell. 

In the mean time we continue up.  Since it is hard to predict when this will end, let’s assume the glass is half-full.

NTSM ANALYSIS

The NTSM analysis is HOLD at the close Friday.

MY INVESTED POSITION

I bought back into the stock market at S&P 500, 1155 on 7 Oct after the 6 Oct NTSM buy signal.  I remain 100% long in the long-term portfolio (100% stocks in the 401k.). (See the page “How to Use the NTSM System” – the link is on the right side of this page).