In this week’s Mullooly Asset Management podcast Brendan and Tom discuss bullish percent. Bullish percent is part of the “dimmer switch” approach we use at Mullooly Asset Management to define risk and manage money. Tom gets into the history of bullish percent, and explains where and when it originated. Bullish percent is a risk indicator, but not a market timing trigger. Tom will explain what this means in terms of being on offense and defense in the market.

The “dimmer switch” approach goes hand in hand with what Tom has to say about being on offense and defense. Finding a median between the fully on and fully off position like using a dimmer switch is the right way to attack the market. Tom also talks about how taking all factors into choosing to be on offense or defense should also be a part of your decision making process.

This podcast also covers the fact that bullish percent changes columns with a six percent move, and explains what a typical market pullback tends to looks like.
Bullish Percent: Point and Figure Charts
 If you have questions about bullish percent, this week’s Mullooly Asset Management podcast will be very helpful to you so tune in!

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