In

As trade opens on Tuesday October 1st we find the S&P500 above its 50 DMA and 1% under its all-time high.  The NASDAQ is just under its 50 DMA and 4% below its all-time high.

The market opens with the S&P and NASDAQ both gaining another half a percentage point.

Our ETF Strategy is fully invested employing the ETFs:  VTI, QQQ, FFTY and RDIV

It's understandable that many traders and investors are in cash.  Just over the past two weeks we've seen the following news derail markets by 1% or more:

1.  The mangled China/Montana farm visit story (on a Friday)
2.  The false China/De-listing story (on a Friday)
3.  The accurate "Pelsosi surrenders to the radicals" story

In terms of pattern recognition one may notice that the markets have largely bounced back from each.

Our near-term concern is having the indexes bust through to new all-time highs and staying there.  In the meantime, another false report trumpeted by the media is a dead solid lock.  Probably on a Friday afternoon too.