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Market Strategist Jeff Saut: "We're Trying to Stay Constructive, But Negative Evidence Mounting"

It's been a while since we checked in with market strategist Jeff Saut.  This week, his commentary is called "Go Opposite to Hysteria" referencing a quote from Jim Rogers in the excellent Market Wizards book.

Saut takes a look at the technicals given all of the volatility as of late.  He concludes:

"If you want to put a positive spin on things, the six other times the stock market declined by 10% in four days, like it did in August, every time the market rose within a year.  If you want to put a negative spin on things, there was a Dow Theory 'sell signal' last month.  We are trying to stay constructive, but the negative evidence is mounting;"

Embedded below is Jeff Saut's latest investment strategy:



You can download a .pdf copy here.