Written by Lance Roberts, Clarity Financial
Data Analysis Of The Market and Sectors For Traders
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S&P 500 Tear Sheet
Performance Analysis
ETF Model Relative Performance Analysis
Sector Recommendations:
The table below shows thoughts on specific actions related to the current market environment.
(These are not recommendations or solicitations to take any action. This is for informational purposes only related to market extremes and contrarian positioning within portfolios. Use at your own risk and peril.)
Portfolio Update:
The bullish trend remains positive, which keeps us allocated on the long side of the market for now. However, more and more “red flags” are rising, as noted above with WARNINGS popping up across sectors and markets. While warnings are just that, a warning, it does suggest a bigger correction may be in the works over the next couple of months. Let’s pay close attention.
The sharp drop in interest rates over the last couple of weeks has played favorably for our increased bond positions that we had taken on. However, it is now time to take some profits and rebalance those investments in portfolios and harvest some of the gains.
Stops have been raised to trailing support levels and we continue to look for ways to “de-risk” portfolios at this late stage of a bull market advance.
We remain invested. We just remain cautious and highly aware of “risks” to capital.
