Market Health Bouncing Around
Over the past week our market health indicators bounced around a bit, but there were no significant changes. As a result, our portfolio allocations will remain the same. The only thing of note is that even though the S&P 500 index (SPX) has moved higher this week our measures of trend fell. This isn’t too concerning, but I would have expected them to move into positive territory with the current market action. This will be something to watch over the next few weeks.
Disclosure: None.