An interesting chart

The above channel (click on the chart to enlarge) shows the impressive momentum of the market. Will the market break on the downside?

The problem is that almost everybody is expecting this correction. The graph, however, is saying that the trend has been your friend. Stay tuned.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977