The indicators I follow are starting to give back some ground. Not enough for a reversal, or a sell signal. But it’s the first few cracks we’ve seen in a stock market that has gone nearly straight up since late summer.
We’ve been on offense since June 30th, a long time. So a reversal would not be a surprise. Just remember that if we do get a reversal, or a sell signal, it would be the first in a long uptrend, which is usually nothing more than a stall in the stock market (or a breather, or a head-fake, or a false reading; call it what you like).
As always, we will keep you informed as soon as changes need to be made. Also, check our our weekly podcasts for more financial information.