NAVIGATE THE STOCK MARKET FOCUSES ON: (1) Daily momentum analysis of the DOW 30 stocks and 15 ETFs across various market sectors. (2) Stock Market commentary and analysis. (3) Buy/Sell signals for major market turns. (((The blog is for information only. You assume all risk of its use; we don’t warrant the accuracy of our content. You must do your own due diligence.)))
Monday, August 5, 2019
Time to Sell
The numbers look so bad that I am cutting stock holdings
to 30% now. I don’t like doing this on a
panic day (especially before the close), but I suspect it is more likely that
we’ll see further downside ahead. If I
could, I might sell some today and more tomorrow, but my 401k limits the number
of transactions in a month.