Investment Strategy Today

USA LargeCap stocks continue to move to the Undervalued side of market neutral range and now are nearly 4 points under 100% fair value at 96.1% Fv. Nineteen of the thirty-six sectors are now under this level which is 63.3% of the total market. Eight of the ten LargeCap sectors are now below this level and on the undervalued side of 100% Fv, but still in market neutral range. Selling has gone well beyond rational levels.