clearTREND library currently shows a majority (52.9%) of positions in our library currently trending DOWN. This is the weakest market read since August 2011, and reflects a potential market tipping point. By comparison, at the end of September 2018 our library showed nearly 85% of market positions trending higher.
Appleton Group’s risk-managed strategies currently carry significant cash positions, and have been proactively adjusted to sport a defensive posture at the present time. Short-term volatility is likely to create additional uncertainty in the markets, and we expect sharp rebounds from time-to-time as is common during market downturns.
clearTREND provides real-time market trend data for more than 5,100 securities covering in excess of 15,000 tickers. For more information, please feel free to contact your Appleton Group Advisor.
