Bad news for stocks?

 

 

Our proprietary financial risk indicator jumped again at the closing of 3/18. See above chart (click on the chart to enlarge it).

Is it important? I think so. The reason is market corrections happen following a rise in our financial risk indicator. In other words, the market is much closer to a peak than a bottom.

This gauge is telling us to not get too excited by the recent market ebullience.

More details in The Peter Dag Portfolio on www.peterdag.com

George Dagnino, PhD

Editor
The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull or Bear Markets
 

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