Market Undecided

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

From the last trading day of 2023 until now the market has had four down days, four up days and two sideways days.  During that time we had a very short switch to inverse and then back to being long the market, which is now our current position.  We are in a “mountain road “ environment but expect that this will be short term and that the market will begin to make a more decisive indication as to its longer term direction in the near future.  We will keep you posted.

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)