This update will be provided bi-monthly, so folks can see what the global money flows look like. The current active positions and entry dates are as shown. You may decide to take some of the new positions as they are entered, but my focus is on the precious metals stocks. Nevertheless, its good to know what other markets are doing.
The left hand column shows the Weinstein Stage for each sector:
1. dark green = Stage 2 bull market
2. light green = Stage 1 basing
3. Orange = Stage 3 topping
4. Red = Stage 4 bear market
The next column shows the extra day signals – long green, short red, flat no color
Stage 2 bull markets are confirmed using the Weinstein model in the PM sector, Yen, Brazil Real and Long Term Treasuries. Sell signals are current in China Equities and Copper. Interestingly, IVN.TO is on a buy signal, even though the copper metal is on a sell signal.
On Friday I went long DBA (Agriculture ETF) for a 10% position size. Also still long in the PM miners and TLT as shown.
Here is the global markets matrix as of Friday close: