It is nice to see the S&P 500 finish the week up 5% to 1265. VIX has been falling nicely.
There were lots of reports that the S&P 500 is now back to
even for the year (zero return). NTSM is
up 12% year-to-date so I am feeling pretty good about that. It has been a challenging year for the
markets this year and we still have another week to go. The
market is up 10% since the NTSM BUY signal on 6 October. I expect more upside
ahead, but not everyone agrees.
The sentiment indicator showed that a lot of traders are betting
for a market drop Tuesday. Who knows? As always, we’ll wait and see.
The
NTSM analysis is BUY today.
NTMS
has been BUY 16 of the last 18 trading days.
The last time the NTMS system was so consistently positive was in August
of 2010 and that was followed by 8-months of gains before NTSM gave a sell
signal. That may be just a coincidence though. I expect that 2012 will be
another challenging year – hopefully, it will be rewarding too.
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).
I
am 90% long in the trading portfolio.
Just
a reminder: 100% invested in stocks is way too much for most rational
folks. Don’t do it unless you have a
high tolerance for risk.
