The market is getting hit on so many factors without any thought of a counteracting positive. This correction that so many wanted to add to exposure as the S&P 500 (SPX) exceeded 3000 is scaring folks away. This is all part of the correction we have been highlighting on DwyerStrategy, and until money availability shuts down, we would rather add exposure into a test of the last week’s low than cut exposure because of global tensions and significant drop in the 10-year U.S. Treasury Bond Yield.
For full discussion please read our newest gold level post…http://dwyerstrategy.canaccordgenuity.com/nearing-point-to-get-more-offensive/
Past performance is not a guarantee of future results. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. All data points are sourced from Bloomberg as of 8/14/19 unless noted otherwise.
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