Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:
Our benchmark S&P 500 is on a buy signal.
PHLX Oil Service sector is on a major sell signal.
VIX broke down and broad market is up.
Summary
The long term signal on the broad market is up.
However, the current investing model favors bonds, therefore, investors should continue to overweigh with long bonds or bond ETFs for safety.
The best opportunity will be in the gold sector after the current correction.