Friday, May 23, 2014

Thursday’s Analysis


Let’s keep it simple since it’s late. The following is based on Thursday’s closing data.
MARKET INTERNALS (NYSE DATA)

NTSM
The NTSM analytical model for LONG-TERM MONEY remained HOLD Thursday.

MY INVESTED POSITION
I increased my stock allocation to 50% invested in stocks on 26 March because of the NTSM indicators turned positive 24 Mar at the close.  50% in stocks is fully invested for me, given my age (semi-retired) and the risk inherent in today’s stock market. I am watching closely to see if it is time to reduce my long-term stock holdings.