S&P 500 hits new all time high today, which places it back in long term bull mode.
While that should be a reason to cheer, the other indices are not yet providing confirmation.
Even though the Dow Industrials are nearing a new high, the Dow Transports continue down.
As such, the Dow Theory would say that the market is still in bear mode.
S fund is also still in long term bear mode.
F fund is in long term bull mode.
Mixed signals as we enter the bear season (Aug-Oct).
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Posted by: sarah_oz@yahoo.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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