All,

We are still on a “technical buy” – meaning we are staying in the markets.  Please view the chart below.  Green is good, red is bad, and we have a 45 degree trend line in play.  Notice that today we have recovered the 50 day moving average, this is a good sign as it indicates a positive movement in the market. The farthest, right hand side green bar, crossing thru the thick Fuchsia line. Even though CV19 is still a major problem, and unemployment claims have gone up again this morning, many believe the worst may be behind us.  Everyone has an opinion.  Either way, the market is liking the prospects for a recovery, and partial state-by-state openings.  Also, unless the deal falls apart at the last minute, another $425 billion small business stimulus package should pass the House today, having already passed the Senate. 

I’m trying to not overload you with info, but just hit the high points.

As before, call me if you have any investment questions!!! ​

Jack 
240 401 2355

Most Popular Financial Stories

Market Update

Market Update

Yesterday the RFS investment committee made the tough decision to sell  your “short” positions, SQQQ and SPXS.  So far it is working.  You're probably wondering what has...

read more
Thoughts On The Market

Thoughts On The Market

The market’s having a trying month. Fortunately, we are attuned to the economic reports that are coming out daily and will safeguard your portfolios by adjusting...

read more
Uh Oh! Signs of Danger Ahead

Uh Oh! Signs of Danger Ahead

It Was the Best of Times ….On Friday the 26th, we locked in a big win.Nine days earlier, on Wednesday the 17th, as a protective shield, we purchased a large...

read more
Special Message

Special Message

Look! Have You Noticed? Listen to any politician or any news commentator these days, and they always begin a discussion or answer a question like this: Look, when I served...

read more
6Lc_psgUAAAAAA9c7MediJBuq3wAxIyxDSt73c9j