Green Market - New Portfolio Shortly
May 17, 2022
Today, on the 4th day into the most recent market rally, we got our institutional buy-in day (aka follow through day) which was enough to reclassify the market to Green - Confirmed Uptrend.
In the process, the S&P 500 index advanced 2.0% while the Nasdaq advanced 2.8%. Both indexes saw volume increases from the prior day.
The Green market classification means that we can re-enter ASAP. We have been working on our next portfolio selections and will distribute those by email alert shortly.
We have set our buy-in time at 12:00 noon EDT tomorrow.
Stay tuned
Duncan Campbell
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