Replies to post #589029 on $Stock*Shop*Charts*News*Option$

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The call for this week
By: Jeffrey Saut | October 2, 2017

Career risk vs. portfolio risk

Well, quarter-end performance gaming and portfolio restructuring is over and the beginning of the fourth quarter is at hand. The indicators are showing extreme optimism (Chart 1) and the S&P 500 (SPX/2519.36) is at the top end of its channel (Chart 2). Meanwhile, our short-term model flipped positive last week, but our intermediate model remains negatively configured (read: confused). Accordingly, this week should tell us if we are totally wrong on a trading basis, or just wrong for a week.

https://www.raymondjames.com/wealth-management/market-commentary-and-insights/investment-strategy

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