“I am guaranteed to get where I am going because I refuse to stay where I am.” – Grant Cardone
Some wild swings this week to be sure.
I’ve gone to mostly cash but have a few positions and am ready to be a buyer on a little more strength.
The low isn’t quite set in stone yet but it looks better on Thursday than it did on Wednesday.
A decent close to the week would be ideal.
Gold has been hit as well and moved lower, below support areas for now but the odd miner remains strong regardless.
SPDR S&P 500 (NYSE:SPY) is now trading in the 242 to 245 range so we can play that until we break one way or another, most likely higher.
Let’s see how things close Friday before I say a low is in for sure or not, although it appears that way.