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Market Stance: BEARISH (since February 2, 2018)
* An average of managed accounts, net after all commissions and fees.
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* Buy prices shown are net after commissions and fees.
Today, Monday, February 12, 2018, I bought SPY, for both client and my personal accounts.
My indicators remain bearish, but I am, at least for now, moving back to 100% SPY (a proxy for the S&P 500), on the strength of another, in my opinion, technical buy signal.
Risk is still very high ... but there may be a little more to this bounce which began on Friday.
-KD, Monday, February 12, 2018
* Buy prices shown are net after commissions.
** Current prices are at least 20 minutes old.
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