Daily Market Snapshot
 |
| The market got a little uglier today. |
Market Direction Model
 |
| Market in correction mode. |
 |
| Lots of red in the income sector. US Treasuries, the only sector painted green, usually rise as equities correct. |
To confirm a full blown correction, we still need to see volatility spike higher yet and for our canaries in the coal mine, Apple and Priceline.com, to start showing some weakness. Apple and Priceline we up today and volatility is still in the safe zone.
I did raise addition cash today.
This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.
Flexible Income Folio
No comments:
Post a Comment