Stocks took a big hit on Monday 24 FEB 2020, since FEB 2018 was one of the worst days on record as the coronavirus cases spike around the globe. At this point, we should go to the sidelines (go to G Fund on TSP) or outside, the alternatives are clearly (SHY, TLT, DRIP, TMF, and GLD) to name a few.
We should wait for the market to reach the bottom and bounce back before returning to the C fund, or SPY, QQQ, and other value increasing stocks. The time to pick up bargains would be when the MACD starts turning around and head back up on a bounce. I equate that to Stocks on SALE! Some of the stocks that I look to pick would be TSLA, PALL, ZM, NVDA, and WORK. On the index ETF's I would go to the SPY, and QQQ.
For now, the time is for taking a breather and stay on the sidelines.
Be on the lookout, happy returns everyone!
