The portfolios reached yesterday a new annual maximum monthly. Specifically, the long term market timer high risk portfolio reached 53,59% yesterday, a new annual maximum monthly. It has remarkable how quickly the market goes up. The S&P 500 has fallen just one month since the beginning of the year.
I will put stop loss orders in all open positions. An increased number of technical indicators that I use for short term trading are changing to sell signal and I have more doubts than usual about the future direction of the market in short term.
Today I close these portfolios and I start another US long term stock market timer portfolio in the forum.
I saw another five years S&P 500 will go back to where it is. I am pessimistic. the market is leaking pitch. the rally those years is caused by the FED. fundemantally market always fades. when you put more money in the leaking picth, the speed of leaking is slower than the speed of dumping into, that is why we have rally. pharoh's 7yrs/7yrs dream will hint next 5 years are bad for the stock market. people can not live healthy life if need medication. be ready to be a bear. bear in mind, the stock market always is leaking....