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Apr 29 2015

MTI Jumped 0.07 To 13-Month High of 1.20 - Data for Week Ended April 24, 2015

  • Apr 29, 2015

The Major Trend Index jumped 0.07 to a 13-month high of 1.20 in the week ended April 24th, suggesting that last Friday’s new cyclical bull market high in the S&P 500 should be improved upon in coming months (despite our ongoing valuation concerns). Our tactical strategies remain positioned with net equity exposure of 58%.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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