Some of our Financial Planning/RIA customers ask us to send them long-term moving averages on a weekly basis, because it helps them make long-term asset allocation decisions.
This 6-pack was created to give perspective on a diverse set of assets. It includes government and junk bonds, real estate, DBC as well as global stocks and the S&P 500. Numerous long-term moving averages have been crossed lately and here's our asset allocation model.
TLT, IYR, JNK and DBC are now all below both the 100- and 200-day moving averages.
EFA and the S&P 500 remain above the 200 MA lines, yet below the 100 MA lines.
I haven’t seen our 6-pack below this many long-term moving averages in a while! In time, it could be important for long-term asset allocation models.