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The Major Trend Index stayed at High Neutral for the week ending January 23rd. The smattering of new highs was not enough to upgrade our Technical category to maximum bullish. Net equity exposure remains on the rise in Leuthold tactical accounts and now stands at 58%. For the time being, we’re comfortable letting our long positions run, but are mindful of the market’s valuation risk profile.
Click here to read Leuthold's whitepaper.
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This content is for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action. This content is also not intended to reflect a current or past recommendation, investment advice of any kind, or a solicitation of an offer to buy or sell any security or investment services in any jurisdiction. This content does not contain sufficient information to support an investment decision. Potential investors should consider their own circumstances and assess the legal, regulatory and tax implications before making an investment decision. All investments are subject to risk, including the possible loss of principal. Past performance does not guarantee future results.
