Recession Risks & Actions To Take

The two year trend floor on the SP500 and a multitude of other stocks including many of the tech stocks, has been broken and has remained below for a couple of days now. This combined with the chaotic action of Trump and the weak economy worsening is pointing further confluence that this may be more than just a sector rotation or pullback but a recession or bear market. If we see the market hover around and below the 2 year trend and the 200 DMA it would imply a confirmation of further decline and should be treated with utmost care. Uncertainty and further weakness is expected and remember that nothing goes down in a straight line, it bounces, and such if we have a temporary rally this does not at all imply a false alarm. Consider the market conditions and if it may be best to hold or sell, but i would recommend the more consistent plan for buying being to wait for a new upward trend to build and buy at a pullback of said trend. This could be next month or next year but allows you to buy close to bottom without timing. Please consider the reward to risk ratio for this year and this market as I personally am out and will be buying long term bond stocks(EDV/TLT) and shorting the market via UVIX(Do not recommend unless experienced and informed⚠️). It may be smart to sell and invest in bonds while we bottom out or simply do nothing. Be safe, be logical and make money. Best of luck in these uncertain times.