A bullish pattern

Excellent start of the year.

I watch the bank index (click on the chart to enlarge it) to check whether or not banks are solving their problems. If they do, it should be a bullish sign for the markets and the economy.

I have shown this chart before. The trend lines suggest the path of minimum resistance for the bank index is up. This is a very bullish sign -- if it continues.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 by Timer Digest

To find out more about my in depth views 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.

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