Cash

Friday's bloodletting on Wall Street spiked volatility and other secondary/ tertiary indicators of a near-term bottom.  However, it remains important to be mostly in cash at this time.  Currently, our only holding outside of cash is RDIV. 

While RDIV has been battered during the events of the past two plus months it is relatively stronger than most.  Additionally, we are near a dividend payout now so it is our last holdout.

Futures this morning have been mixed, down, up, and down.  The UP period seemed to come when it was believed that the Brexit vote would not go forward.  Just another example of how the markets are pre-occupied with things other than company revenue, earnings, and profit.