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Oct 07 2022

VLT Says Stocks Are Finally Oversold

  • Oct 7, 2022

The 2022 bear market has unfolded in a way that’s finally driven our Very Long Term Momentum algorithm for SPX into oversold territory for the first time since 2016. However, that only means a “low-risk BUY signal” is now mathematically possible—we could be writing about the “impending BUY” for many months to come. 


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager