Asbury 6 Model Is Positive As Of May 26

Chief Investment Strategist John Kosar, CMT appeared Tuesday, June 7th on the TD Ameritrade Network‘s Market On Close show to discuss Asbury Research’s latest outlook for the US stock market. 

“Since May 26, the Asbury 6 model continues to be positive or risk-on. I’m looking at the VIX and asset flows that are going into the QQQ. The stock market is on the cusp of making a breakout,” says John Kosar. What are the technical levels to watch in the S&P 500 or the SPX? Also, what does a heightened CBOE Market Volatility Index (VIX) mean for investors?

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