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S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market continued it's steady movement upward, reaching another all-time high on the S&P 500 (noted on the charts below). The market dislikes uncertainty. The elections resulting in a unified congress with republicans having a majority in both the House and Senate, reveals a much clearer picture than in the past. Although the market can always find things to worry about, it seems there are fewer worries than there have been in the previous months. As a result, the market appears to be continuing with buoyancy towards the upside. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market continued it's steady, positive climb. Although you can see that the gains were modest, it was also a shortened trading week due to Thanksgiving. When looking at the monthly chart, you will notice that the market moved up significantly in the month of November. We will continue to stay invested in the four major indices (small caps, mid-caps, NASDAQ and the S&P 500) until we see signals of downtrends. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Good news! Last week the market recaptured most of the previous week's losses. Today's activity brought more of the same. We will remain focused on the market and responding to changes as they happen. As you can see on the monthly chart, the market is having a great November in spite of the volatility. Tune in next week to see how it ends up for the month. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market pulled back some of the gains from the post-election exuberance buying. Several key technical indicators are still pointing solidly to maintaining our "BUY" position. We will continue forward and have no reason to assume that the market is going to turn down. As always, we will continue to monitor the technicals and remain ready to make changes should the market show signs of turning. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" After last week's volatility, the market appears to be settling in to it's comfort zone. At this time, the technical indicators are strong and we will remain in the "BUY" position until conditions change. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  Current position for Active portion of portfolio: SELL – S.T.A.Y. Plus™ Last week the market's side-ways movement was punctuated with a -2% drop on Thursday. As previously mentioned in our "mid-week" announcement on Thursday night, this triggered a, "SELL" signal in our algorithm . By the end of day on Friday, all portfolios were shifted to an inverse position. Volatility has been minimal today, but the market closed slightly down. While the impending election may impact the market, we are only reacting to the market itself, rather than the current events directly. As always, we will keep a close eye on how the market is behaving and we will respond according to our mathematical algorithm-based trading discipline. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market eased back from it's all-time high, losing a total of about 1%. It would appear that the market is still in some sort of holding pattern until the election. The market is still well into positive space (green) on the monthly chart. We will remain invested but continue to monitor the trend, ready to react to any major changes. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market inched higher, notching a new all-time high of 5878. The net gain for the week was well under 1%. It would appear that the market is in some sort of slightly optimistic holding pattern until the election. We will remain invested but continue to monitor the trend, ready to react to any major changes. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" Last week the market started out with a down day, but followed up with 4 positive days, reaching another all-time high. The net gain for the week was 1.3% and the market currently appears to be optimistic about the future. We will remain invested but continue to monitor the trend, ready to react to any major changes. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  S.T.A.Y. Plus™ current position for Active portion of portfolio: "BUY" The rally on Friday brought the market back from what would have been a loss for the week to a very small gain. The technical indicators were more or less unchanged from last week's activities. The market appears to be remaining in the same, "wait and see" posture. We will continue to monitor it daily and make any necessary changes. Until then, we will remain invested in the market. Weekly S&P 500 Chart (with all-time hi shown)  Monthly S&P 500 Chart (with all-time hi shown)  |
208.376.0091Disclaimer: past performance is not a guarantee of future performance. © Copyright - Advanced Financial Solutions, Inc.
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