To: Goose94 who wrote (20884 ) 8/25/2016 7:43:25 AM From: Goose94 Read Replies (3) | Respond to of 202707 (HVU-T) Keith Richards on BNN.ca Let’s look at what the intermediate termed Bear-o-meter has to say right now. Currently, we have a “SELL” reading on my Bear-o-meter. I re-tally periodically, and will report the results on my blog if we move out of this sell zone. But for now, we are in “sell mode.” Levels of the Smart/Dumb Money indicator, courtesy of sentimentrader.com and the extremely low readings on the VIX (CBOE volatility indicator that is comprised of options premiums), along with bearish seasonality for August/September tell us why the indicator is at the bearish end of its scale. I’m also seeing a bearish reading from the Dow confirmation factor (Industrials are rising while Transports have weakened recently). However, the Moving Averages and broad market Advance /Decline line are bullish on all counts. Netting it out, we have more bearish than bullish factors in the Bear-o-meter. Top picks Horizons BetaPro S&P 500 Single Inverse ETF (HIU-T) We are quite cautious of late, given the bearish signal noted on our Bear-o-Meter. When concerned about markets, the ideal strategy is to reduce equity exposure. As noted in my opening comments, a single inverse ETF such as this one can effectively create a greater cash position without selling stocks you wish to hold. PowerShares Low Volatility CAD-Hedged Index ETF (ULV-T) This ETF has a beta of about 0.7, and is hedged against dollar movements. The ETF holds the 100 lowest volatility stocks on the s&P500, and thus makes it an excellent addition to the individual stocks that we hold. Cash Effectively, we hold about 40 per cent cash weighting in the ValueTrend Equity Platform at this moment. We will deploy this cash periodically as trading opportunities present themselves and our indicators become more positive.