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Market at New High March 11, 2018

Posted by Tom in Thoughts.
Tags: , ,

Mar. 9, 2019 – Friday was a very good day for the US stock markets.  We reached a new high on the NASDAQ Composite Index and the “Price Strength” indicator recorded a “Very Strong” reading.  While I feel that this market remains susceptible to news, we should recognize this strength.

During this past week I’ve increase exposure to the market with my Growth Stock model nearly fully invested and my Market Index model 90% invested.  It’s actually quite scary to be fully invested as the markets make new highs, because of the increased risk, but that doesn’t mean that we can’t change our minds if prices should weaken and volume picks up as well.

Here are the Top Performing Sectors in this market, short term:

Have a good week.    …….. Tom  ……..

Price chart by MetaStock; pie chart & table by http://www.HighGrowthStock.com. Used with permission.


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