The RITE Report Show: Recent Episodes

Christopher Angle

The RITE Report generates indices from the monthly compilation of corporate, business, economic, & political news snippets that have a directional bias inherent within the headline. These news indices are used as factors for prognostication of market direction with risk analysis for hedging considerations.

The RITE Report’s name was derived from the acronym of the four variables inherent in all economic transactions; Risk, Information / Knowledge, Time, and Effort.

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Last month the RITE Report stated that the economy “is no longer degenerating due to the China Corona Virus.” And this is true as the RITE Report Strategy Index is improving, reflecting this. However, the RITE Report had a sudden mid-month temporary call to go to cash as there was an onslaught of news about the second wave of the COVID-19, but that news has subsided as deaths due to the virus are going lower; and as such, the states will stay open. Therefore, the market will continue to advance incrementally:

Go Long!

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The RITE Report had predicted that the “economic crisis will start to clearly abate shortly” and remarkably it has reversed and is actually getting better albeit it is still in tatters; but at least it is no longer degenerating due to the China Corona Virus; and as such, the market will continue to advance incrementally. Go and stay long!

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