“Four Federal Reserve officials with varied voting records on monetary stimulus indicated greater willingness this week to begin tapering the central bank’s bond-buying program, citing confidence the economy is accelerating.” Story at….
Here’s another one from Zerohedge, on BUBBLES AND MARGIN DEBT that reports on a Deutsche Bank study regarding margin debt, crashes, with the related news coverage prior to each crisis.
Friday, the S&P was down 0.4% to 1691 (rounded).
MY INVESTED POSITION
I remain about 20% invested in stocks as of 5 March (S&P 500 -1540). The NTSM system sold at 1575 on 16 April. (This is just another reminder that I should follow the NTSM analysis and not act emotionally – I am under-performing my own system by about 2%!)