The Fed. Will they or won’t they raise rates? This question, and it’s seemingly daily fluctuation from yes, to no, to yes, to no, is not as important to us as the media wants it to be, and fortunately the markets seem to feel the same way. The vast majority of our ETFs are near all-time highs and continuing to trend up, as our status table shows.
<img class="alignnone size-full wp-image-240" src="http://avertingaversion.com/wp-content/uploads/2016/09/Screen-Shot-2016-09-05-at-10.04.48-AM.png" alt="Screen Shot 2016-09-05 at 10.04.48 AM" width="605" height="583" srcset="http://avertingaversion.com/wp-content/uploads/2016/09/Screen-Shot-2016-09-05-at-10.04.48-AM.png 605w, http://avertingaversion see this page.com/wp-content/uploads/2016/09/Screen-Shot-2016-09-05-at-10.04.48-AM-600×578.png 600w” sizes=”(max-width: 605px) 100vw, 605px” />
Given all the green arrows and the significant percentage most of the ETFs are above their decline limit prices it should be fairly obvious that we’re “staying the course”. At the same time we do want our readers to be cognizant of the fact that the very low volatility the markets have displayed over the past few months will pass.
Going forward expect to see some price declines that will have the pundits proclaiming we have set a top in the market. Maybe we have and maybe we haven’t but unless the declines exceed our 15% rule we will continue to have our Green Up Arrows and our long term positive trend.