So here is my thoughts as of today Short term it seems given Jay Powell chairman of the Fed is going to stay in his job - and for now be left alone - that is why the markets rallied yesterday It is probable assuming no more news that the S&P has room to run to about three weeks but then depending on the indicators it is probable of another downleg, and that it is likely to take the SPX below support in the 5126-5133 area. If it breaks that support level next support is near 4500 Those who understand this from past podcasts help answer any community questions of this who don't know the terms support resistance So what to do If at the end of this month the indicators confirms its 'sell signal it could be bearish for awhile Hold core long positions. Expect volatility to remain high day-to-day, especially cause earnings season is here You can dollar cost avg tiny amounts but personally i would not go crazy I would just stay careful for now Make sure your money is not just in one stock or category Diversification in different asset groups is key I still like GLD or GOLD IBIT Bitcoin Treasuries / CDs Okay now you know

Posted by Suze at 2025-04-23 14:55:59 UTC