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Thursday, March 28, 2024

Once in a Year Opportunity

Courtesy of Doug Short.

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.


We have spend the better part of a decade in the search for the ultimate indicator for the stock markets. Whilst it became clear early on in this quest that no one indicator would work all the time and every time, there are a few that stand out from the rest. One of them is our HILO Breadth Index which we introduced in this research note. Apart from a multi-decade track record, the HILO index is very adept at warning in advance of protracted corrections/bear markets and for pinpointing market bottoms with very few false positives. This trifecta of features rarely occupy the same podium on most indicators.

On Wednesday August 13th, this indicator rose above -5 from below, a rare occurrence that happens only once every 12 months on average:

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To read the rest of Dwaine’s article at his RecessionAlert website, click here.


Dwaine van Vuuren is CEO of RecessionALERT.com, a provider of investment research.

© RecessionAlert.com

www.recessionalert.com

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