The jobs report provided the bullish sentiment returns of the markets illustrated by the indexes gapping up, producing trend kicker signals above the T-line. The basic analysis will be simple, if the markets close above the T-line Today, investor sentiment has turned back positive continuing the uptrend in the market. Obviously, portfolios should now be oriented toward the long side. Any short positions should still have compelling weakness, staying below the T-line.
December 6th Daily Market Comments
The jobs report provided the bullish sentiment returns of the markets illustrated by the indexes gapping up, producing trend kicker signals above the T-line. The basic analysis will be simple, if the markets close above the T-line Today, investor sentiment has turned back positive continuing the uptrend in the market. Obviously, portfolios should now be oriented toward the long side. Any short positions should still have compelling weakness, staying below the T-line.