Overall Market Meter Changes from Slightly Bearish to Neutral

Today, the Covered Calls Advisor evaluated the current values for each of the seven factors used to determine the "Overall Market Meter" rating.  The prior rating done earlier this year was Slightly Bearish and today's rating changes to Neutral.  Of the seven factors used in the analysis, they can be categorized as macroeconomic, momentum, value, and growth metrics 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 Overall Market Meter average of 2.57 (see blue line at the bottom of the chart above) is near the lower end of the Neutral range (which is from 2.50 to 3.50).  My corresponding strategy is to "on-average establish Covered Call positions that are between 3.0% in-the-money and 2.0% out-of-the-money and with short-term (one month or less) durations".    

Best Regards to All,
Jeff Partlow (Covered Calls Advisor)
partlow@cox.net