Slight Uptick; Downtrend Persists

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.

Last week ended with a slight positive retracement of some of the previous downtrend.  However, there still have been seven down weeks out of eleven following the high of 7/27/2023 which have created new lows and wiped out of all last summer’s gains.  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 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 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 Performance