My proprietary S&P500 volatility indicator didn’t issue a BUY signal yesterday. It came awfully close, but the one of the key thresholds wasn’t reached. I suspect that if the market sells off today again, which is likely, we could see a BUY signal. I’ll be monitoring the markets closely today and will reallocate money in my 401k if that happens.
Maybe I should put together an email alert list? If any reader is interested, send me your email address and I’ll email you an email “alert” should my model issue a Buy signal. Just use my contact form! Thanks!
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