The March Newsletter and TS Model Portfolio report has now been posted
These are the first two pages of the 22 page March Newsletter.
Topics in this month's research report are: Commodities: Base metals prices continue to rise. International Equities: Many markets are overbought. U.S. & Canadian Equities: Markets remain positive in March. Breakouts!: Two stocks that breaking out of multi-month bases.
The newsletter covers the expected price peak in oil, the two anticipated downside targets for gold (and why the precious metal is declining), the run in copper prices (new target prices) and the unexpected bounce in the U.S. dollar. International markets are largely overbought, but which group is having the best run. The breakout in (most) European Indexes is finally happening. Who is leading the charge?
Additional research is on the U.S. and Canadian markets. March points to only a 25% probability of turning positive for the S&P 500 (50% chance for the TSX), U.S. 10y T-bond yields reach a key level, inflation numbers show no concern on the horizon, the big picture going into Q2 for the NYSE, S&P 500, Dow and TSX and sector rotation shows "risk-on" groups continue to rule.
Also, the TS Model Growth Portfolio continues to outperform the benchmark S&P 500 with it's strong weighting in technology holdings and the TS model Income Portfolio scores big with a 7.71% YTD gain plus a 7.86% dividend yield (the best of both worlds).
For the complete reports, go to www.technicalspeculator.com, click on the log-in button and follow the links.