Last week US stocks jolted investors from their somnambulism, at least for a day. Volatility, as we currently understand it, from the very low levels we’ve gotten used to, decided to rear it’s ugly head, but only for a day. From a long term market perspective the approximate 2% US market decline last Wednesday was basically insignificant. Not the dramatic event the press was desperately trying to make it out to be. In fact, by the end of the week the market recovered more than half of the decline and none of our ETFs showed any real movement toward a Long Term Trend reversal. We’re still all Green by a wide margin.
