Overall Market Meter is Slightly Bearish

Today, the Covered Calls Advisor calculated the current values for each of the seven factors used to determine the "Overall Market Meter" rating.  The seven factors used are categorized as macroeconomic, momentum, value, and growth metrics as as follows:
- macroeconomic (the first two indicators in the chart below),
- momentum (next two indicators in the chart),
- value (next two indicators), and
- growth (the last indicator).

The current Market Meter average of 2.43 (see blue line at the bottom of the chart above) is in the Slightly Bearish range (Note: the Slightly Bearish range is from 1.51 to 2.50). 

So what is our current Covered Calls investing strategy?  Based on the Covered Calls Advisor's "Slightly Bearish" Overall Market Meter (see right sidebar), the corresponding strategy is to "on-average sell 2% in-the-money Covered Calls for the next options expiration month".    

As always, your comments or questions regarding this post, or anything related to Covered Calls investing, are welcomed. Please email me at partlow@cox.net.

Regards and Godspeed,
Jeff