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The Major Trend Index closed out the month of January at High Neutral. Last week featured fresh all-time highs in the S&P 500 and our S&P Cyclical Index (Cons. Discretionary, Materials, and Industrials). A decent capstone to a month of impressive Technical gains, especially within our Breadth/Leadership subcategory. Net equity exposure in Leuthold tactical accounts was unchanged at 58%.
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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.
