Short-Term Indicators Have Turned Up
Short-Term Market Indicators Have Turned Positive
David Burrows, President and Chief Investment Strategist at Barometer Capital, provides a follow-up to his March 1, 2019 update.
While we did see a turndown in market indicators on March 11, as of March 13, short-term market indicators began to turn back to positive.
Key indicators that turned up include:
- The percentage of stocks over the 150-day moving average and
- The percentage of stocks with positive price momentum.
In addition, David notes that our long-term indicators continue to be positive for equities globally.
Hear David’s full commentary in this five-minute market video update..
Learn more about investing with Barometer
At Barometer, we always keep a close watch on the markets and all of the factors that can drive change.
We look forward to speaking with you to discuss how our strategies may be right for you.