Tuesday, March 13, 2012

The Dow Jones Industrial Average Closes Above 13,000


Trendline Analysis


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Daily Market Snapshot


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Market Direction Model

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By now you are familiar with our Market Direction Model. It turned mostly green with today's big move up in the market, a bullish sign.

The table to the left of the MDM, a part of the analysis that I rarely post, provides me with some very useful information. Strong upward movement in the nine US markets we track cause these cells to be painted blue. The initial swath of blue, painted on March 7th, was the green light for me to begin redeploying capital in anticipation a market reversal to the upside. As a result of this early signal, all model portfolios were approximately 85% invested prior to today's big rally. "Winning" (a Charlie Sheen quote).



GWM Model Portfolio Holding
One day percentage gains




This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.




 


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