Nervous Market

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

The market opened down this morning, below it's 20-day moving average and proceeded further down from there. Although it recovered from it's intraday dip, it was unable to climb back to the topside of it's 20-day moving average. This is definitely a bearish sign, and confirms our cautious position of remaining roughly 50% in cash in our "active" model. We did add some very conservative securities to our "core" model, which now has roughly 33% cash. It has continues to make consistent gains, week in and week out. 

This is expected to be a volatile week in the market, with lots of news reports pertaining to long-term interest rates and corporate earnings. As always, we will be monitoring things very closely and make adjustments accordingly.