Market Tilts Downward

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)