Market Action

S.T.A.Y. Plus™ current position for Active portion of portfolio:  "BUY" (CAUTION!)

The market activity in the last week has demonstrated that things are fragile. Due to pull-backs, we have eliminated roughly half of our positions in both our "Active" and our "Core" models. Currently, we are not replacing those positions- choosing to keep roughly half of both models in cash until the market stabilizes a bit more. All remaining positions are continuing to add value. Our market strength indicators are still showing a "BUY" signal, however, it has weakened substantially and could easily turn to a "SELL" with another small nudge downward. In the event of a "Sell" signal, we will move our "Active" model to more defensive holdings, similar to our "Core" model's holdings.

It's hard to say where the market will go next, but you can be assured that we are paying very close attention and will take decisive action as things unfold.