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Mar 03 2016

MTI Negative; Market Rally Remains Intact

  • Mar 3, 2016

The Major Trend Index ticked down 0.01 point to a ratio of 0.86 using data for the week ended February 26th. Losses in our sentiment and valuation work offset the technical improvement that had stemmed from recent market gains. The economic category stabilized following a multi-week slide, although there’s no sign the current earnings recession has begun to abate. 


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager