The technical picture remains positive overall, albeit overbought enough on some longer-term indicators. Sentiment is a concern also, as the Put/Call ratio has fallen into bearish territory similar to that before the election. I know I sound like a broken record, but advisors MUST have a larger than normal position in small cap at this time. Japan could be poised for a run in 2021 and perhaps beyond as long as the 20,000 area on the Nikkei 225 holds.
Sorry this page is available to subscribers only. If you're not a subscriber why not join today?