What does it mean for our Investments?
- 401K - If you are in money market/cash fund and if you cannot stay put, have a urge to get in the game then you can invest 10-25% of your portfolio. However risk is high as probability of market changing direction is more likely. But if you are already invested then stay put and wait for exit signal.
- Stocks/ETFs - Invest in good patterns and DO NOT forget to have STOP limit in place. Also take partial gains on open positions. Many stocks appear to be well extended and very rarely one might come across a very convincing pattern.
Market continues its Uptrend for now...