Indices continue to trend upward (IWM has recently shown renewed strength). Market Breadth (NYMO, NYAD, etc.) are improving. A shift in the dollar/gold trends represent some risk to equities based on their inverse relationship since March 2009.
Bob Palmerton founded Baseline Analytics in October, 2005. Bob received his MBA in Finance from the University of Michigan, a BA in Economics summa cum laude at Fordham University in New York, and is a Member of the Market Technician’s Association (MTA) in New York City, where he was awarded the Chartered Market Technician (CMT) designation. Bob is also a member of the Technical Securities Analysts Association (TSAA) and the Detroit Metastock User's Group.
In 2010, Mr. Palmerton co-founded The Absolute Return, LLC., an investment advisor registered in multiple states, offering investors a choice of several "absolute return" portfolios.
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