S&P 500 Still out of Correction Territory

Written by Donnie Nguyen

March 3, 2019

The S&P 500 is well out of correction territory for its seventh week in a row. It’s now just 4.6% away from its all-time high set in September of last year.

As I mentioned in my last post, I’ve been looking for stocks to sell in my portfolio to get my cash levels back up to around 25%. This is the level I feel comfortable with at near all-time highs. It will allow me to pounce on stocks again the next time there’s a market correction.

Both of my individual stock portfolios are back above 20% in cash, so just a little more to go.


In terms of news that could potentially affect my investment plans, there hasn’t been much this week. The next event I’m looking at is the FOMC March 19-20 meeting.

How are you guys handling the market? Share your thoughts by commenting below.


I wrote this article myself and it expresses my own opinions. I’m not receiving compensation for it (other than from Wolves Of Investing), and I have no business relationship with any company whose stock is mentioned in this article.

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