January 13, 2023 by Doug Ramsey of Leuthold Group This year is off to a much stronger start than suggested by the 3-4% gains in the blue-chip averages: Through January 12th, the Value Line Arithmetic Composite—an equally-weighted index of about 1,700 stocks, was up 7.0%. Yesterday, that action produced a “super-overbought” reading on our Moving Balance Indicator (MBI, Chart 1),…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

©2024 Finom Group | Website by: Ocala Website Designs LLC

Log in with your credentials

or    

Forgot your details?

Create Account