Course And Heading 06/10/19

Last week had quite the Spring Tide action with the S&P rising about 6% from 2729 to 2898 this morning. Fortunately, I caught part of that move as I established a new position in FXAIX last Monday just before the rebound began on Tuesday. Because of the sharp rise, I am maintaining a safe heading to start the week:
  • No new long positions planned.
  • No new short positions planned.
  • Hold existing positions.
Trading Tide Levels:
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.


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