Bennett
What a difference 45 calendar days make in the U.S. Equities market. From an over-sold condition, we now see several indexes and half the sectors are over-bought. If you purchased Discretionary, Health, Industrial, Technology, or Utilities back in mid-June or as late as a month ago, you would do well to set TSLOs to lock in profits.
Index BPI
When examining or using the indexes to garner a broad view of U.S. Equities, pay most attention to the NYSE and NASDAQ as they provide a large swath of stocks. Next on the list is the S&P 500 as it is so popular and contains the key large-cap companies. All three indexes show growth in the percentage of bullish stocks. These are positive signals.
Sector BPI
As mentioned in the introduction, if you purchased any over-sold sector ETFs a month ago, now is the time to set Trailing Stop Loss Orders (TSLOs) to protect profits. If we can make it through the next few months without significant damage, the expectation is for the markets to move higher in the fourth quarter of 2022. This assumes rising interest rates will begin to bring inflation under control.
Looking Ahead To The Second Half of 2022
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Lowell
I’m still not getting notifications Lowell
David,
I assume you have the notification option turned on within your browser. Correct?
Folks using Safari may not receive notification as that browser behaves in an unusual way with the notification plugins.
Lowell
Yes, I’ve tried Edge and Chrome (with notifications turned on) with no success in either.
David
I’m getting notifications of your comments – but not the original psts.
David,
Do you see a bell icon and arrows with a green background located in the lower right-hand corner of the screen? Click on the bell and register for notification. See if this works.
Lowell
Lowell,
I think that you asked me this once before and, at that time, I saw the bell and checked it – it confirmed that I should be receiving notifications. However, right now, I’m not seeing the bell ??
David
I haven’t been receiving notifications for about a month. I received one this morning about a Franklin Update but the URL resulted in an error (Not Found – Error 404).
I don’t see the “bell” discussed above either.
Gary
Gary,
I installed a new notification plugin. At least something is being sent out. Now I need to work on the URL link. I’m on it. Thanks for the feedback.
Lowell