Dow and Nasdaq are in correction territory, but S&P500 not yet. As I mentioned in my earlier post, I have been spending my $50k+ Astrea VI refund last week to buy various counters, so my main 'warchest' is still intact and ready to be used once S&P500 also hits correction territory, maybe next week. Because my bank accounts have daily fund transfer limits, I am going to do some fund transfers over the weekend so that my trading accounts will be ready for action on Monday.
I don't discount the possibility of Trump trying to make some sort of announcement to soothe the market, but the market might ignore it, especially with S&P 500 valuations still on the richer side.
I bought some ON Holdings because the price crashed so I am even more exposed to the sportswear market. But my main buys will be VWRD and VUSD/LSPU ETFs. I will probably initiate a position in Amazon next week since the price has corrected. As the saying goes, buy what you know (at a good price) and I have Amazon Prime and buy quite a lot of stuff on Amazon.
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