What To Buy If The S&P Shaves 200 Handles?

Posted by Individual Trader via Seeking Alpha

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Summary

– I am expecting the market to drop into an intermediate low sometime soon.

– The robo ratio is slowly demonstrating that retail investors are becoming more bullish.

– Investors must only buy quality (or stay in cash) with the market trading at all-time highs.

There probably only is a remote possibility that the S&P 500 (NYSE:SPX) topped out as 2,395 on the 1st of March last week as equities, in my opinion, will remain elevated until the FOMC meeting.

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