Ralf Goerke's proprietary International Stock-Climate Index together with its moving average have moved below the critial threshold of 1, hinting that the global market climate has moved from "bull" to "bear". In his column on www.teleboerse.de, Ralf Goerke issues a SELL SIGNAL and recommends to stay out of the markets and wait for more relaxed times. While a this stage no general conclusions can be drawn on the severeness and length of this "bear", investors should be on high alert of the potential risks of this situation.
It should be noted that by now 4 of 7 monitored long-term InOutSignals have issued SELL signals for equities. This indicates that the situation is critical and that any involvement in equities carries a high level of risk!
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