Did you bail out Friday? Did the opening drop scare you? Or, did you ride it out?

My iPhone was buzzing Friday morning with text after text to sell, sell, sell.

What did I do?

At 11:30 AM, I saw the message below on my iPhone and email.

What does it mean?

Nothing goes up forever, and today was ugly, so what was behind today’s pullback, and what damage was done?

At this same time last year, we were just days away from a presidential election, and many uncertainties lay ahead. November 2024 was the largest gain month of that year. I find it interesting to look back at the charts from late October 2024 and see what I said and what the price did the next month and into year-end. This post will focus on the S&P 500.

Since we have no tasks to address at the market opening on Monday, I am reflecting on the past.

Another good month for us. November 2024 was a big month for me last year and will be hard to beat.

Amazon is poised to provide one of the most significant single-day gains since 2015.

Furthermore, I tend to agree with this comment, with the exception that I think support is $6752. Theory: What used to be resistance will eventually be support.

Should I make a move or not? This is the question.

I didn’t receive but one text to sell one ETF while driving today, so I thought the markets were moving sideways or up. Today the markets basically bled off all day long. That is two days in a row of selling, but the VIX is still low.

So what move will I make tomorrow?

Just like that, the markets are back, and it looks like we are good to go! But are we?

I am going to show you where we have come from since we stepped back in last April and what the current levels are indicating. Do we have any warnings, or is everything green to go?

Next week will be the last week of October. 2025, and Friday is the day that we are going to tweak. I will also be traveling south Thursday through Saturday, but I do not anticipate that I will have any issues posting as I drive south.

October is a zero so far. What does that mean? After 12 trading days with 10 more to go, I have a 0% gain for the month of October. What are the markets trying to tell us? I have been slowly but steadily buying new stock positions as well as stepping back into some of the ETFs that I sold.

Let’s take a look at all our charts and indicators and see if we should be concerned.

Here is the only index that is close to a sell.