It looked like we might get a boost to the markets yesterday but the weak close indicated underlying suspicion and uncertainty. T2's insistence on staying with the bonds cost us yesterday but today's drop vindicates the rankings. TLT's apparent weakness is aggravated by its monthly ex-div distribution of $.34, although that amount is captured in the net asset value of the portfolio.
Gold and the Euro are getting hit hard today and QQQ is struggling to stay above 0.
The TLT / XLF is OUT (not active) both sides.
There are no new Alerts this morning.
Following the lead of the Mosaic RM models I remain in cash...probably until after the election...when technicals may trump news in driving market momentum.
