Skip to content
Oct 20 2017

The Smart Money Sleeps In

  • Oct 20, 2017

From a purely technical perspective, the bull market has hardly been lacking for feathers in its cap. Yet it earned another one on Tuesday when the DJIA Smart Money Flow Index (SMFI) broke out to a new bull market high (Chart 1), erasing a “non-confirmation” that had stood since March 1st. This index thereby joins the broad list of market bellwethers—chronicled in the last Green Book—that have participated in the parade of new highs.

Login

For full access, please enter your credentials.
Remember Me

About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager