Investor Update: Oil Sector On Sell Signal
Jack Chan | Nov 12, 2019 04:36AM ET
Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:
Our benchmark S&P 500 is on a buy signal.
Oil sector is on a major sell signal.
VIX is down and markets are up.
Summary
The long term signal on the broad market is up.
However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety overgrowth.
The best opportunities are in the energy and gold sector.
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