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Mar 07 2014

Major Trend Closes February At Five-Month High Of 1.21

  • Mar 7, 2014

For the final week of February, the Major Trend Index closed at a five-month high of 1.21, up sharply from 1.09 at the end of January. While this bull market’s duration (five years) and magnitude (S&P gain of +175%) have exceeded our most optimistic expectations, the MTI and its related disciplines continue supporting our above-average exposure to equities in tactical accounts.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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