Monday, June 17, 2013

All that Glitters- Timing Models Turning Less Bullish But....

Just  a quick update here. The timing models I employ are turning less bullish. That said, the culprit behind the change is largely due to time, as the primary inputs have largely remained unchanged from the prior week. Additionally, the models remain in a 'buy-zone', but less so versus previous weeks. Does this mean I am changing my stance on gold/precious metal stocks? No, I am not. But I would also be more cautious considering Bernanke and the rest of alchemists at the Fed at set to talk later this seek.

In any event, here are latest timing model runs. Just one note, M2 continues to follow seasonal trends.

6- month model, -1.4


1-year model, -2


2-year Model, -2.4

No comments:

Post a Comment