***Good News***Trampoline Time***

February 9, 2018

2/9/2018 4:01 PM

 

Dear Friends,

 

The S&P 500 index crashed today into the long-term trend line (the 200-day SMA) and bounced off that trendline just like a kid on a trampoline

  • Result = S&P500 index +1.49% for the day (after being down -1.79% when it touched the long-term trendline).

  • A nice recovery day

Note the red circle on this 2 minute chart of Friday’s action.

Note the red circle on this daily chart since July 2017. Blue line is the 200-day SMA.

 

 

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Founded in 1992, Jackson Wealth Management is an independent, fee-only investment advisor. Founder George P. Jackson has been the CEO/CIO of the firm since its inception with the goal of delivering value to his clients and his associates. 

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Advisory services offered through Jackson Wealth Management, LLC. 
Jackson Wealth Management, LLC is an affiliate of Jackson Retirement Planning, Inc.
Jackson Wealth Management, LLC is not affiliated with Triad Advisors, LLC.

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