Monday, August 8, 2016

Uptrend continuing

The current stock market uptrend began the day after the June 30th follow-through.  However, because that follow-through happened on the 3rd day of a rally attempt in a very brief correction it was suspect.  Therefore, we waited for a 2nd confirmation which came a week later.

We went to 100% invested in ETF's that reflect the market indexes: QQQ for the NASDAQ100 and IVV for the S&P500.  That buying was on July 11th.

We remain at 100% this morning August 8th.


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