With Today's Sell-Off Almost All Models Say 'Buy'

Update (as of 5.23.2013 5:00 AM) the SP500 model based on SPXL does not give a BUY signal.


Using the 3PM numbers as closing numbers all  the models that were in bear mode are now bullish:

Energy, based on ERX, Biotechnology, represented by BIB, Mid Caps based on MIDU, Small Caps based on TNA,  Russell 2000 represented by  URTY, SP 500, based on SPXL,  Retail, based on RETL and  Technology, based on TECL.

Finance and Real Estate have been bullish since the last posting.

If the overnight updates to the database revise any of these models then I will revise this post.  And if this all holds out then the ETFs will be purchased (paper wise, see What If page for history) sometime tomorrow afternoon.

Score: 9 Bulls and 1 Bears -

----------- T H E   B U L L S ---------------

• Energy, based on ERX.
• Biotechnology, represented by BIB.
• Mid Caps based on MIDU.
• Small Caps based on TNA. 
• Russell 2000 represented by  URTY
• Retail, based on RETL.
• Technology, based on TECL.
• Finance, based on FAS.    
• Real Estate, based on DRN

----------- T H E   B E A R S -------------- 

•  SP 500, based on SPXL.