The
S&P 500 was down 0.3% Thursday.
VIX
is still pretty high. VIX has been above
30 since 3 August. It would be good to
see S&P VIX come down so we can be more convinced that we have put the
worst of this correction behind us.
The
S&P still looks good. I would expect
more profit taking, so some down days are not a concern.
The
Navigate the Stock Market analysis is BUY again today.
I bought back into the stock market at S&P 500 1155 on 7 Oct
after the 6 Oct NTSM buy signal.
I am 100% long in the long term portfolio (100% stocks in the
401k.) and 100% long in the trading portfolio. (See the page “How to Use the NTSM System” –
the link is on the right side of this page).
