by Robert Holman | The DefensiveAdvisor.com | August 11, 2020
Bullish … rating of 6 (0 - 4 is bearish, 5 is neutral, 6 - 10 is bullish) but watching for negative developments. The market continues to move sideways with an upward bias, as it continues to overcome the negative downshift that occurs on days with negative news.
New coronavirus cases appear to be coming down in Texas, Arizona and Florida, but it’s too early to say that about California.
Gold futures shot up to a peak of about 2075 and is at 1962 as of this writing.
Our moderate risk portfolios continue to perform well, up more than 30% YTD.
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