The Santa rally has finally arrived in the UK stock market with the Color Guard on VectorVest displaying green lights for the last week. The longest Market Timing system on VectorVest known gave a BUY signal on December 19th.
The chart of the VectorVest Composite of the UK is shown below with the Confirmed Call signals shown by the green and red triangles.
On the last post (a Core Finance interview) on this blog, I spoke of the proprietary VectorVest Worry-Free Investing system (WFI). The results of this approach in both the UK and USA were presented and they are impressive and robust.
As the last Confirmed Call was positive, investors would now seek to be fully invested in shares that have the highest Relative Safety (RS). It would also be a great time to initiate a WFI portfolio or at least follow a practice portfolio to get some experience of the system.
The rules are simple and can be downloaded from the VectorVest program. They are totally objective with NO subjective input.
I am holding all my positions over the holidays and will discuss them in detail at the next UK webcast on January 8th 2018. (Stay tuned!)
Have an excellent holiday and sending all reading, my best wishes for a healthy and prosperous 2018.
December 22nd 2018