Market Rebound Continues...

S.T.A.Y.™ current position for Active portion of portfolio: CASH – S.T.A.Y. Plus™

The market retrace has extended, but has not exceeded the high of 7/27. As you may remember, we invested inverse to the market in early August and made money as the market dropped substantially. The market has rebounded but has not reached the level of where we invested inversely. As you can see in the weekly chart, the retracement has been about 75% of the decent from the recent high of 7/27/2023. 
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Also mentioned in previous weeks, we are in a “mountain road” market, therefore we have taken an inverse position on 8/11/2023.  We will stay in that position until our shorter-term indicators show otherwise.
This position may be for a few days or a few weeks as we will be operating off of our shorter-term indicators to make changes as needed in a timelier fashion.  We will keep you posted.

​Weekly S&P 500 Chart with Fibonacci Retracement Percentages (from the all-time high)

​Monthly S&P 500 Chart with Fibonacci Retracement Percentages (from the all-time high)

​S.T.A.Y. Plus™ - Balanced Portfolio Performance

​S.T.A.Y. Plus™ - Aggressive Portfolio Performance