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March 2021 The RITE Report
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Executive Summary as of March 8, 2021
MONTHLY EQUITY MARKET CONCLUSION:
In spite of the market suffering a devastating downturn from the epidemic, it is now recovering due to the positive business and economic news along with positive developments in medicines, treatments, and vaccines for COVID-19.
Additionally, The RITE Report Strategy Index improved slightly this month due to the 27 positive economic indicators. It seems that the Democrats for now are only at-tempting to bring social justice to the forefront of their policy changes. It appears that they will not have the necessary votes in the Senate to change the tax laws which will allow the stock market to continue to advance. Thus, the RITE Report recommends to continue to go long.
The RITE Report recommends: Go Long
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