S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™ Precautionary move to Cash For the last three weeks the market has likely taken a profit-taking pause. Our move to cash is not to a 0% cash, rather it is a move to our short term maturity bonds that have been yielding an annualized 5% - 6% return. We are waiting it out in this position while the market makes a determination as to whether this minor correction is a temporary adjustment to the uptrend, or something more. It is possible that it could establish support around 5000 on the S&P500 and continue the uptrend. This is what we would hope for, but we will wait in a safe position to see if that proves to be the case or not. We will start showing our current position as the current short-term position and clients who are making changes in their 401k accounts can act accordingly knowing that the positions from BUY to SELL may be happening 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: BUY – S.T.A.Y. Plus™ Battle between the Bulls and the Bears….Bulls holding on for now For the last two weeks the market has taken a minor pause within the range of less than 3%. It appears to be establishing support at about 5120 which is the nine-week moving average level. So far the bulls are staving off a more serious correction. It is still very possible that the market could soon experience some exhaustion from such an aggressive rally starting last fall and is either slowing down to catch its breath, or in need of some correction. If the correction develops into anything more serious, 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 can 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 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: BUY – S.T.A.Y. Plus™ Battle between the Bulls and the Bears….Bulls holding on for now On Thursday of last week the Bears staged the most significant battle of the year dropping the market by almost 2% all in one day. Friday, the Bulls fought back to regain about half of that amount back but still leaving the market down for the week by about 1%. It is still 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 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: BUY – S.T.A.Y. Plus™ Market Continues to make Higher highs and Higher lows Another new all-time high last week as the market continues its parabolic 45 degree angle upwards. We will continue to follow the trend until momentum is such that it creates a trend break. So, a possible pivot is being watched for as the parabolic rise the market has experienced since November of 2023 is not sustainable long term. 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 if needed. 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™ 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)
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