Intermarket indicators flip to risk-on positioning, Michael A. Gayed indicates

Intermarket indicators flip to risk-on positioning, Michael A. Gayed indicates
Intermarket signals flip risk-on stance

Michael A. Gayed, industry influencer, notes that all four key intermarket signals have shifted to a risk-on stance.

According to Gayed, beta rotation, treasury rotation, lumber/gold, and the 200-day moving average have all aligned to support a more aggressive positioning in the market. He observes that the S&P is currently 7.5% above its 200-day moving average, and leverage through SSO is now permitted. Gayed highlights these developments as significant for investors assessing their positioning for potential market moves.

Gayed previously commented on how JOJO endured a historic bear market in bonds and indicated a promising setup was in place following the bond downturn. In a separate analysis, Advisors Digest noted JOJO’s use of utilities sector signals to guide systematic rotation in fixed income credit exposure. These earlier observations provide context for Gayed’s current outlook on intermarket signals and market positioning.

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