RAISE CASH, NEW DATA SHOWS HOTTER INFLATION – MOMO GURUS WRONG AGAIN, BULL MARKET INTACT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Raise Cash
It is time to increase cash by 4%. Hedges were recently raised. Please see the protection band section below.
The bull market is intact, but the probability of a pullback has gone up. The tentative plan is to buy the pullback. Stay tuned to the Real Time Feeds
Hotter Inflation
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows that the stock market has broken the upward sloping trendline that has defined the rally.
April 10, 2024