ABX

 

The key to big returns is NOT big moving stocks. It's managing risk in relationship to reward. Having the correct bet size on. And turning your edge over as many times as necessary to reach your goal.

Rotation.

 

In summary, the market has been wounded by this sharp decline this week, but the SP-500 chart is not bearish. It would have to break support at 4000 in order for bears to have an upper hand.

 

"Test ideas by experiment and observation. Build on those ideas that pass the test. Reject the ones that fail. Follow the evidence wherever it leads. And question everything, including authority. Do these things and the cosmos is yours."

Now at this point yesterday was 80% decliners and today over 80% advancers. That doesn't tend to happen in bull market regime.

Distribution day for RTY closing near the lows today.

                                      For growth equity investors, cash is King for now!

While we wait to see if support in the market will hold or not.

 "In bull markets stocks don't go down on bad news. In bear markets stocks don't go up on good news."

AEM