Daily Strategy Session – 2/28/2018

  • Markets nearing BUY territory: 
  • Markets nearing SELL territory: Grains

 

  • Market Outlook: Intermediate-Term: Bullish & Short-Term: Neutral (*Change*)
  • Themes Of The Day:
    • BIG BOUNCE Just The Start?
    • ROADMAP=>Roadblock>Re-Test
    • High TECH

 

  • Chart Of The Day (0:00): Is Big Bounce Just The Beginning?
  • Indices (2:56): Value Line Geometric, S&P 500, DJIA, NDX, NYSE, Russell 2000, S&P 400 Mid-Cap, Russell 3000 Growth, Russell 3000 Value, S&P Small-Cap Pure Value
  • Sectors (9:44): DJ Transports, BTK Biotech, SOX Semiconductors, XLK, SOCL, FDN, XLI, XLY
  • International (14:11): Global Dow, French CAC-40, Finland, Brazil, Russia MICEX, Indonesia, Thailand, Shanghai Composite
  • Bonds (18:41): 10-Year Yield, 30-Year Yield
  • Currencies (19:45): U.S. Dollar Index
  • Commodities (21:21): CRB, Crude Oil, GLD, Grains

 

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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.