July 5, 2016

Alternate Thesis Wins


These are the numbers to watch for. If both indexes go higher, the bull is ON

Dow Jones - 1872.56
Dow Transportations - 9199.65

The S&P500 will roughly follow the lead on these two indexes, or perhaps these indexes follow the lead on the S&P500. Either way, watching these two indexes has kept me in the markets even when
everyone was screaming "fire!", because the fire has always been contained.