Oil Sector On Major Buy Signal
Jack Chan | Oct 23, 2016 02:13AM ET
Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:
When the model favors stocks, investors should overweigh in equities for maximum growth.
When the model favors bonds, investors should overweigh in bonds for safety.
Our benchmark S&P 500 is neutral, waiting for a buy signal to confirm.
Oil sector is on a major buy signal.
Investors can continue to accumulate oil stocks/ETFs by cost averaging and hold for the long term.
Summary
Current investing model continues to favor bonds over equities, therefore, investors should continue to overweigh their portfolios with bonds over stocks for safety and better return.
Disclosure: We do not offer predictions or forecasts for the markets. What you see here is our simple investing model which provides us with simple investing decision making. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets.
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