Investors Weekly Update - January 06, 2024

Jack Chan
January 6, 2024

Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:

  • When the model favors stocks, investors should overweigh in equities for maximum growth.
  • When the model favors bonds, investors should overweigh in bonds for safety.

Our benchmark SP500 is on long term BUY signal.

Oil sector remains on long term BUY signal at the end of December.

Gold sector is on a long term SELL signal.

VIX – volatility index

VIX is now up.

Trend is up.

Summary

Our long term stocks/bond model remains in favor of equities over bonds.

Trend is up.

Cycle is down.

VIX is now up, caution is advised.

$$$ We closed out 2023 with a nice profit. This marks the 5th straight profitable year for us.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple investing model which provides us with simple investing decision making. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets.

********

Jack Chan

Jack Chan is the editor of simply profits at www.simplyprofits.org, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.

The Fourth Coinage Act of 1873 embraced the gold standard and demonetized silver, known as the “Crime of 73”

Silver Phoenix Twitter                 Silver Phoenix on Facebook