7 of the last 9 weeks...

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

Market continues in a definite downtrend since high of 7/27/2023.

Seven out of the last nine weeks have been down weeks. This is best visualized on the weekly chart below. Each candlestick represents a week. The red ones are the down weeks. The top of the red stick is where the week opened. The bottom is the weeks close. The "wicks" represent the inter-week trading range. Since the high of 7/27/2023, almost all of the summer’s gains have been wiped out.  As was 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 more days or a few more 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 Chart with Fibonacci Retracement Percentages (from the all-time high)

​Monthly 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 Performanc