For Thursday December 26, 2013, We Recommend Investing in US Markets

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Investment Recommendations:

We recently changed our investment recommendation.  It is time to invest in US stock markets.  Price inflation hedges should be held for the long term and remain a good idea as we see price inflation heating up in 2014.

Technical Comments:

The S&P 500 advanced 0.29% on Tuesday with volume below Monday and lighter than the 30-day moving average.  Tuesday was an abbreviated trading session as is every Christmas Eve session, and this is why volume was so very light.  Our pattern detection software currently is not detecting any predictive patterns for growth or any for a decline.  If the S&P 500 were to decline about 38 points (-2.1%) on Thursday our stop loss algorithm would likely trigger a change in our market forecast to an uncertain trend.  US markets are closed Wednesday for Christmas.

Subjective Comments:

Welcome to all our new readers!  There have been a few new readers recently and many over the past year.  We are thrilled and humbled you have chosen to follow our blog as part of your personal process for making investment decisions.  Merry Christmas!

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