The cluster of Expert Ratings to the upside starting November 16th, right at the cusp of an 8% correction in the Dow 30 Index have born fruit. Almost 2/3rds of the correction has now been erased. Despite warning signs in the AIQ Market Log of a huge inbalance of unconfirmed ratings to the downside (US 1-99, see below), the market continues to drift higher.

Other points to note.

The US 1-99 rating is based on the component stocks of the S and P 500. 99% of the stocks that received an unconfirmed Expert Rating were to the downside.

The group/sector analysis reveals the majority of groups are still trending up and the trend is continuing.

Leading groups like Retail (Drug Stores) are up over 10% from the November low.

We do not warrant, endorse or guarantee the completeness, accuracy, integrity or timelines of the information in this post. You must evaluate, and bear all risks associated with, the use of any information provided hereunder, including any reliance on the accuracy, completeness, safety or usefulness of such information. This information is not intended to be used as the primary basis of investment decisions. It should not be construed as financial or other advice or as an offer to sell or the solicitation of an offer to buy any security.