Step Aside...

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

For the last three weeks the market has likely taken a profit-taking pause.  Our move to cash is not to a 0% cash, rather it is a move to our short term maturity bonds that have been yielding an annualized 5% - 6% return.  We are waiting it out in this position while the market makes a determination as to whether this minor correction is a temporary adjustment to the uptrend, or something more.  It is possible that it could establish support around 5000 on the S&P500 and continue the uptrend.  This is what we would hope for, but we will wait in a safe position to see if that proves to be the case or not.  We will start showing our current position as the current short-term position and clients who are making changes in their 401k accounts can act accordingly knowing that the positions from BUY to SELL may be happening more often than pre-2022 signals.

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 represents 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)