Actually, yesterday. NFTRH42 starts off with a message from the customer service and quality control departments ;-) as it is probably time to make sure the letter remains on track and up to the standards I expect for it and more importantly, those of subscribers.The previous post provides a hint at why I wanted to do this now that we are nearly 10 months in. The letter keeps improving in my opinion and in that of several of the subscribers who have responded to #42's request for feedback. But... not to sound too corporate here, quality and improvement are a continuous thing and one thing I will never do is sit back on my duff and think I have got it knocked and am on easy street.
The broad stock markets appear to be picking their direction by invalidating the minor H&S top in the SPX, and while there is still some debate about whether the bullish intermediate term is out the window, the short term certainly looks bullish. I am seeing a lot of analysis now swinging to longer term bullish but of course dear readers, that is what a good suck-in rally would want. People are going to be thinking about how in 2003 the sure thing bear market became anything but. A lot of work needs to be done going forward to remain on the right side of this, but the first step in clearing the picture was taken last week.
Commodities? Yup, oil and copper are looked at. Precious metals? Why, of course. A Wrap Up and Portfolio Notes finish out #42.
