S.T.A.Y.™ current position for Active portion of portfolio: BUY – S.T.A.Y. Plus™ It looks like a PAUSE instead of a PIVOT (for now) ... Last week saw about a 1 ½ % gain, breaking it out of the pause that it seemed to be in for the last two weeks. Technically the market continues in an uptrend however it still appears that the last two weeks the market was “catching its breath”. However, a possible pivot is being watched for as the parabolic rise the market has experienced since November of 2023 is not sustainable in the long term. So, it is very possible that the market could soon experience some exhaustion from such an aggressive rally starting last fall and is either slowing down or in need of some correction. If so, we are ready to take action. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: BUY – S.T.A.Y. Plus™ Last week had about a 2% range between highs and lows and closed with a small gain offsetting the small loss from the previous week. Technically, the market continues in an uptrend, however, it still appears to be either “catching its breath” with a temporary pause, or a possible pivot point towards a correction of the aggressive rally that has transpired between last November and now. If so, we are ready to take action if needed. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign and we hope that this continues and is able to maintain the upward trend. It should be noted that our current position for the longer term shows as a BUY this week, although we have been in a BUY position in the short term since mid-December of last year. We are intending to merge our long-term signal and short-term signal. Clients who are making changes in their 401k accounts can act accordingly just knowing that the shifts from BUY to SELL may be happening slightly more often than pre-2022 signals. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: BUY – S.T.A.Y. Plus™ Possible Pivot for the Market Last week had both a higher high and a lower low than the previous week. Technically this appears to be a possible pivot point to be followed by a correction of the aggressive rally that has transpired between last November and now. It could be that the market could soon experience some exhaustion from such an aggressive rally starting last fall and is either slowing down or in need of some correction. If so, we are ready to take action if needed. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. It should be noted that our current position for the longer term shows as a BUY this week, although we have been in a BUY position in the short term since mid-December of last year. We are intending to merge our long-term signal and short-term signal. Clients who are making changes in their 401k accounts can act accordingly just knowing that the shifts from BUY to SELL may be happening slightly more often than pre-2022 signals. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: BUY – S.T.A.Y. Plus™ Market is continuing its uptrend. The market hit another all-time high of 5140 last week. It could be that the market will soon experience some exhaustion from such an aggressive rally starting last fall and is either slowing down or in need of some correction. If so, we are ready to take action if needed. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. It should be noted that our current position for the longer term shows as a BUY this week, although we have been in a BUY position in the short term since mid-December of last year. We are intending to merge our long-term signal and short-term signal. Clients who are making changes in their 401k accounts can act accordingly just knowing that the shifts from BUY to SELL may be happening slightly more often than pre-2022 signals. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represents the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ Market progressing upward with some hesitation. Early last week, the market softened. Late in the week, however, it hit another all-time high of 5111. It could be that the market will soon experience some exhaustion from such an aggressive rally starting last fall and is either slowing down or in need of some correction. If so, we are ready to take action if needed. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ The Market is Showing Some Hesitation The market hit a new all-time high of 5048 on Monday of last week followed by some significant volatility and a fairly large pullback. It rallied back towards the end of the week, and now is experiencing another pullback. It could be that the market is experiencing some exhaustion from such an aggressive rally starting last fall and is either slowing down or in need of some correction. Either way, we are ready to respond accordingly. It has taken two years for the S&P 500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ The market had another 1%+ increase and it appears to be holding above the previous all-time high of 4818 from January 4th 2022. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. Our actively managed portfolios remain invested with the market. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ Market Continues A Second Week in Bullish Territory The market had another 1%+ increase and it appears to be holding above the previous all-time high of 4818 from January 4th 2022. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ The market had about a 1% increase, and it appears to be holding above the previous all-time high of 4818 from January 4th 2022. It has taken two years for the S&P500 to exceed that “line in the sand”. This is a bullish sign, so we hope that this continues and is able to maintain above this level. We are remaining invested with the market. By way of review, you can see that we have included two different charts. One is a "Weekly" chart of the S&P 500 index (AKA "the market"), and the other is a "Monthly" chart of the S&P 500 index. Each bar represents the aggregation of either a week or a month's activity. The top of the red bars represent the opening price and the bottom of the red bar represents the closing price of the market in that corresponding time frame. The green bars are just the opposite; top is the closing price, and bottom is the opening price. The wicks on the top and bottom represent any trading in that period that is outside of the opening and closing bounds. We include these charts so that you can see what the market is doing with some greater context. Feel free to hit us up with any questions on how to read these charts. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown)
S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ After about one month of sideways movement, just beneath the line in the sand of 4818, which was the previous high from the beginning of January 2022, this last week the market has penetrated through that level. So the question now is whether or not it can maintain above this level of 4818 to confirm the solid breakout to the upside. We are currently long or in the same direction of the market movement right now, but paying very close attention to see what the market's next move will be. Weekly S&P 500 Chart (with all-time hi shown) Monthly S&P 500 Chart (with all-time hi shown
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