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If you sold in early May you’re doing well now, either having locked in gains or by being short. The weekly S&P 500 chart looks weak. I wouldn’t want to be telling investors to asset allocate and that they have to buy and hold coming into this summer. If you have stockbroker or Investment Advisor friends doing this for clients, I think they’re going to be getting a lot of nervous phone calls during their summer vacation…
I read all the fundamental data I can get my hands on. My guess is that the
roles between the 3 C’s and the stock market ebb and flow. The goal is to
protect your equity even if you are taking a random guess. You can trail
your positions with offsetting, protective stop orders.