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Feb 24 2015

MTI Rose 0.03 to 1.10 - Gain in Momentum/Breadth/Divergence

  • Feb 24, 2015

After breaking into positive territory in the week ended February 13th, the Major Trend Index improved again last week. The Index closed up 0.03 to 1.10, led by a 40-point gain in the Momentum/Breadth/Divergence category. Overall, we’d now consider the MTI and our related stock market disciplines to be moderately bullish and target net equity exposure of 58% in both the Core and Global Funds.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager