The Market was down sharply again today. The S&P 500 is now down about 9% from it's recent high.
The Market is now very oversold, but this does not rule out it getting more oversold. Futures are now down an additional 250 points as I write.
Our new and improved market direction model developed by Ian Woodward, HGSI software and Chris White, Edgerater software, gave us an early sell signal that has saved GWM Model Portfolio investors a ton of money. Our equity positions were dratically reduced prior the big decline this week.
You are free to enjoy your Thanksgiving festivities without having to worry about investment accounts.