PVG Market In A Minute - March 14, 2023
March 14, 2023
Our plan is to protect our portfolios and later this year, or next, benefit from a significant move up from a perhaps much lower level. Last week, the S&P 500 fell -4.6%, the Nasdaq dropped -4.7% and the bank sector a whopping -14.1%. Our strategies performed well with a minor decline relative to the market as we were already conservatively positioned. Our Tactical and Loss Averse strategies begin to get defensive generally far sooner than when the market finally reacts to the bad news it is concerned about.