Market Thoughts and the Black Box Sell Signal

The Black Box reiterated a sell signal yesterday. I remain invested in low beta stuff with some cash and oil.

What is holding me back from raising more cash is the time of year, which now has a bullish bias. Of course, we have rallied up sharply from the lows to the top of the trading range.

It seems to me that the economy will continue to grow slowly and that Europe will continue to be an issue. Do you see a way out of the trading range or reason for investor conviction at this point?

Earnings are mixed and former stock leaders are not leading. Which can be trouble.

So I'm thinking the Black Box is going to be right. Again. And that I should raise more cash!