03/31/2026
I truly love working in the markets - It was a great day in the markets but take this as my way of helping offer some market education.
Most investors don’t realize their portfolio has already changed until the market forces it on them.
This is not a prediction of where the market is going, but a look at what current trends are telling us and how they may impact positioning.
A single close above the trendline is not enough. Notice the blue circle. What I am watching for is a break above that level with follow through, meaning higher highs and higher lows. Without that, it is likely just a temporary bounce within a downward trend.
We have already seen a similar sharp up day recently that failed and led to another leg lower. That tells us buyers have not regained control yet.
If the market can break above this downward trend line and hold with follow through, that could be an early signal of a potential reversal. Until then, the trend remains under pressure.
It is also worth noting that daily volatility is being driven be economic headlines but even moreso, headlines about the current war in Iran and the closure of the Straights of Hormuz, especially as it impacts oil prices, inflation, and overal market uncertainty.
Here's the gist: it was a relativly good day for the market, but march 9th was better, and the market still sucumbed to downward pressure.
If it has been a while since you have reviewed your portfolio, this may be a good time to take a closer look. I am happy to walk through your current allocation with you and help determine whether your strategy is still aligned with your goals in this environment.
You may be in great shape. But if the market is quietly shifting your allocation without you realizing it, it is worth addressing before it becomes a bigger issue.
Contact me and I'll analyze your portfolio on the house.