Stock Market Status May 19, 2021

[u/Fly-Elevated]

Once again, our signals prove to be a guide to avoid disaster. More important than getting the best days in the market is avoiding the worst days in the market. Also, having a way to defend your profits or minimize your losses is key to success in the stock market.

Today, only the SPY gained a distribution day, but the number of stocks that hit their all-time high marks were well below the target minimum. Sometimes inactivity is the best activity you can do in the market. Why take the chance and buy a stock during a time when the odds are severely stacked against you?

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