Equity: SPDR S&P Retail (XRT)
Symbol Trigger: Short-term
Type Price: $42.83
Date Time: 4/30 1:16 PM
A SmartStop Was Triggered.
The price of this ETF in your portfolio has fallen to the point where it’s triggered today’s SmartStop.
Action taken: Position sold.
What this alert means.
This is an indication that this equity is experiencing abnormal risk of further decline.
Short-term SmartStops are optimized for stocks you intend to hold for approximately six months or less. As such, they are designed to trigger quickly when downtrends are detected, and are thus more sensitive than long-term SmartStops, which, as their name implies, are “buffered” for longer-term investments. True, we can “dial down the sensitivity” of your short-term SmartStops by changing them to long-term ones, but be advised that the increased sensitivity of short-term SmartStops is there for your protection.
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