Stock Market Objective Hit This Morning
I wanted to wait for the markets to open today to see what the initial run would reach. So far this morning the S&P has run to 929.55, close enough to the 930 objective. Yesterday we finished neutralizing our portfolio, we are now net neutral with a long/short position. If I was bored with life I would start shorting here, but it feels so good being out of all of this almost two year stretch of the top, the crash, the basing and then the bounce, that I am just going to watch this unfold now.
The EMA ETF Fund NAV was 1164 at the close yesterday. Our Aggressive Portfolio is up 27 percent for the year and our Conservative Portfolio is up 16 percent for the year.
8:40 AM CDT