Well the market isn’t taking a break for the Thanksgiving holiday.
After a decent rebound last week, the equity markets are back in sell mode so far this week.
Based on my analysis of the activity, it appears we are still in a “correction” process and that the long-term positive trend in the market has not changed.
I feel the volatility is primarily due to continuing worries about about Trade/Trump/China and the Federal Reserve raising interest rates.
Where appropriate, we made some adjustments to portfolios over the last couple of weeks. Presently, the market is severely oversold & due for a bounce. We will likely be making more adjustments when that happens (probably early next week).
Feel free to call us with any questions or concerns.
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