NASDAQ COMPOSITE 8330.21 + 2.26%
MThis will be a shortened blog as the portfolio has not changed in the past week, and the market is still advancing to new highs with the exception of the DJIA this past week which gained only 0.14% compared to the S&P 500 gain of 1.65%.
The technology and communications issues are powering the market higher. Our portfolio was up 2.34% since the 6/11/2019 buy signal while the major averages were up an average 4.47%.
On Thursday Indicator #8 had a SELL signal as both the top and bottom portions of the chart registered confirming SELL signals, thereby changing the BDH Dashboard to a “2” NEUTRAL signal. However, you can see that both portions of the chart can easily reverse to the upside next week, so this SELL signal may be short-lived.
Keep stops in place. Expect a BDH change back to”3” BUY next week if the market keeps rising. This event, if it occurs will not change our situation as we do not have a BDH SELL signal.
Have a good weekend.
Interim updates are sent to subscribers during the week, as needed. Any subscriber who has recently sent in a payment and has not received this regular blog today should email me at email@example.com so I can check my records and correct any oversight.
Remember that you are responsible for your investments and how you manage them. This website was developed for educational purposes only and is not responsible for any actions you take with your investments. If you decide to follow the BDH strategy, then you are 100% responsible for your investment outcome. Make sure to check the BDH indicators daily during times when the market is volatile like now. Just bookmark the charts above and look for any signal changes. I may not available during the week to provide interim Dashboard signal changes. It is important to be pro-active, so as not to miss any Dashboard signals. Decide on and place your stop LIMITS that meet your own risk profile.