Sector Investing

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Leavitt Brothers Weekend Market Update:

http://leavittbrothers.com/pdfs/LB%20weekly%2020170108.pdf

The Bottom Line
The trend remains up
.
And a simple indicator, such as the cumulative AD line, which is trending up, tells us the current move has legs.

Bias remains to the upside. If the Dow can take out 20K, and the Russell 2000 can break out from its consolidation pattern, the market could run up another5% very quickly.

Last summer I set my S&P target at 2300 -2400. A leg up from here puts the index near the top of this range.

The only side of the market to be on is the long side. Even if we get a pullback, you'll want to buy it. We are months away from a noticeable correction.

Have a great week.
Jason Leavitt