QQQQ - SPY - XLI - XLY have all been stopped out (sold) today.
Volatility has returned, triggering our sell-stops for most of the remaining equity positions that we were holding.
The long awaited market correction may now be at hand. A correction would actually be a plus for the market's health longer term. Markets need to wring out excesses and digest gains periodically. For now we have exited our more volatile equity position and will remain on the sidelines.
Our low-volatility high yield / incomes funds really do not closely correlate to the daily ups and downs of the market. They will trend with the stock market, but in a delayed fashion. This fact buys us additional time to make important decisions about exit and entry points.
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