First of all I apologize for not keeping in touch. I needed a couple of days off.
Back to business. What are the markets telling us? The markets are nervous, very nervous. The swings are incredible and they reflect concern. Concern about everything. The markets know they are being rigged by the global governments – US, Germany, Europe, China,…...
My subscribers are aware I was expecting a bottom in May or June. I have been writing about this for a long time. My research of market cycles seems to be producing the right results.
An important indicator I share with my readers is a proprietary indicator "financial risk". The markets do well when financial risk tops and declines. Right now is still going up.
Subscribers will be able to see the current chart on my Market Update , which I will publish on Sunday.
Rising financial risk and market volatility go hand in hand. Be careful. Do not get too excited because the market soars 3% in one day.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 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 subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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