September 13, 2024
As I write this SPX/SP500 is at 5619.50, after hitting a high of 5636.27 today, 9/13/24.
I am setting stops and taking profits on certain positions, mostly those that are just barely green after about a ~220pt. move up. We should consolidate here, as it was a challenging area to move beyond earlier this month.
Stops are set, partial profits taken, and I sold positions that are barely in the positive %.
Also (please refer to prior post from 9/9/24 for the following), it does seem we are following the Democratic win path, and if so, the end of September and October will be volatile. I will start to again build a JPST position and look for opportunities in the market if that is the case.
Disclaimer: Please note that all information shared here is for informational purposes only and not intended as financial advice.