• Markets nearing BUY territory:  Value Line Geometric Composite, Russell 2000, IWM, Russell 2000 Value, IWN, S&P Small-Cap Pure Value, RZV, S&P Small-Cap Pure Growth, RZG, XLF, Banks BKX, KBE, DRG Pharma, BTK Biotech, XLI, XLY, DJ STOXX 600, France CAC-40, UK FTSE,Brazil, EWZ, S&P Latin America, ILF, Copper
• Markets nearing SELL territory: ACWI (take some profits), EAFE (take some profits), EFA (take some profits), XLP, 10-Year Treasury note, 30-Year Treasury Bond, TLT

• Market Outlook: Intermediate-Term: Bullish & Short-Term: Bullish (Reflects broad market view, not large-caps)
• Themes Of The Day:
  • On The LEVEL
  • No SMALL Test
  • LARGE Weight?

Chart Video content & markets/tickers covered (place in the video):

• Indices (0:00): Value Line Geometric, S&P 500, DJIA, NDX, Russell 1000 Growth, Russell 2000, Russell 2000 Value, S&P 400 Mid-Cap, S&P Small-Cap Pure Growth, S&P Small-Cap Pure Value, HYG
• Sectors (9:02): DJ Transports, XLP, XLY, XLI, BTK Biotech, DRG Pharma, XLF, BKX Banks, KRX Regional Banks, RWR, XOI Oil & Gas, OSX Oil Services, XLE
• International (13:41): DJ STOXX Europe 600, Germany, DXGE, France, Brazil, EWZ, S&P Latin America, ILF, Japan, Australia, Russia MICEX
• Bonds (18:11): 10-Year Yield, 30-Year Yield
• Currencies (18:51): U.S. Dollar Index, FXE
• Commodities (19:35): CRB, GSCI Crude, GLD, Copper

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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.