SYNOPSIS

Tariffs continued to be a big part of media coverage last week. If Trump manages to set off a worldwide trade war, everyone loses, but the US in particular.

PTP… Our PTP Score (profit speedometer) is on the move again… up to 390% from 101% previously. Meanwhile, the two benchmark APARs improved too. The S&P/TSX Composite APAR is still slightly negative, but the S&P 500 score turned positive to +23% from -9% a week earlier.
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Last Week in the Major Indexes… In the week-over-week tug of war, the numbers were mostly positive again last week. Gains ranged from zero to +4.2% on the week. We now have 4 major indexes with positive trend values again.

PTA Perspective… 9th Anniversary of the Latest Bull Market! Or is it?

Friday was supposedly the 9th Anniversary of the beginning of the current bull market, which began on March 9, 2009. There was a steady stream of stories on the topic from all the major Biz News outlets all day Friday and continuing into the weekend. So, we thought that we would weigh in on the event too; in spite of our mixed feelings about these magical numbers.