The model score today was slightly lower at -11. All week we have been doing absolutely nothing. We are very near to an important turning point. The longer the market maintains its upward bias the more likely is that the real surprise will be the upside. But one thing at the time. Let us first see a series of positive scores, which has not been the case since early October 2018.
Owners of BIIB, CTXS & HRL should check to see if this security is still needed in their portfolio, as the picture is rapidly deteriorating in those names.
We are still in full Risk Off, invested in TLT.
We are very near to a big impulsion moment, either up or down. Maximum protection of portfolio time via options.