Note: To enlarge chart, double-click inside of it.Federal Open Market Committee (FOMC) meets next Wednesday. We could have volatility going into Wednesday; but, then again, that could be good for traders. However, I would settle for a trending market, either up or down. It would make one's investing life that much easier.
From an investing standpoint, that is the great benefit of using exponential moving averages (EMA), such as the 14-Week EMA and 40-Week EMA, to make investment decisions. Simply point, investors should be in stocks when the 15-Week EMA is above its 40-Week EMA; and of stocks and into money market instruments when the 15-Week EMA is below its 40-Week EMA. It doesn't get any more complicated than that.
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