This Market Timing Indicator Proved Itself Once Again
Hey, Ross Givens here! I’ve kept a close eye on the National Financial Conditions Index (NFCI) because it tells me how much money is flowing through the system. And right now, it’s moving in the right direction. Financial conditions have been loosening steadily since I called the April lows—great news for stocks. Historically, the NFCI moves inversely with the market, and if this trend continues, we could be in for a lot more upside. I break it all down in today’s Insight.