- Government Shutdown risk
- US debt ceiling debacle
What does it mean for our investments?
- 401K/IRA - If still invested in equity funds then time to re-evaluate your strategy. Better to stay on sidelines until market provides a clear direction.
- Stocks/ETFs - ONLY invest in very convincing patterns and DO NOT forget to have STOP LIMIT in place. Also take partial gains on existing open position and let remaining run with a trailing STOP.
Market is providing signs of caution, hence be alert...