Current Reading: The S&P 500 Index joined the S&P 100 Index in having all three ancillary Indicators in Negative readings. The supplementary Indicator, the percentage of stocks above their 200-day Moving Average, remains fairly Positive for both Indexes, but the numbers are falling regularly. So, Carlucci would say do not commit any further to the market. Stay “Out of the Market”. You can access today’s Carlucci Indicator here: … tci_051117-th
About Bob Weir
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Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).