Premarket View

Futures are down this morning.

There are always reasons to scare investors out of their positions and move to the sidelines in cash. Pick any reason you want for why the market may be down this AM, it just doesn’t matter. Price action and how the chart is behaving is all you should pay serious attention to.

The model portfolio may be all back to cash when the market opens as stops may be hit. It is critical to take the stops and then watch what unfolds before you decide to redeploy the cash.

Check back later.

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