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ECRI's WLI Growth Rate at 42 Week High: Still Time to 'Get While the Getting Is Good'

|Includes: SPDR S&P 500 Trust ETF (SPY)
The Economic Cycle Research Institute, ECRI - a New York-based independent forecasting group, released its latest readings for its proprietary Weekly Leading Index (WLI) this morning.

You can read it on my blog at ECRI's WLI Growth Rate at 42 Week High

How to play ECRI's Signals: I own a lot of small cap stocks in my personal "explore portfolio" so I own SPY to get a more market weighting in this trading portfolio. If I wanted to recommend just one ETF to be long the market and take advantage of ECRI's outlook for an upturn in the business cycle, it would be the Total Stock Market Index (VTI Charts and quote), which has BOTH large and small cap stocks. I also own the total stock market index fund at Vanguard, (MUTF:VTSMX) as part of my personal core portfolios. Vanguard discourages trading its index funds so VTI is the vehicle of choice for that.

Disclosure: I am long SPY.