January 5, 2021

To gain an edge, this is what you need to know today.

Raise Cash And Hedges

Investors should always give priority to return of capital over return on capital. It is time to raise cash and hedges. Please scroll down to ‘Protection Bands and What To Do Now?’ section.

A New Year Rarity

Please click here for a chart of S&P 500 ETF (SPY) which represents stock market benchmark (SPX).

Note the following:

• The chart shows a New Year rarity.
• The chart shows that on the first trading day of the year, stocks opened higher but finished over 1% lower.
• The foregoing has happened only twice since 1983 — in 2000 and 2008.