Big Move Coming!

Sep 27, 2023

Stock Market At Major Inflection Point


In our August 7, 2023 Market Update, Stock Market Weakness Likely, I mentioned the market was at the top of its uptrending channel and was likely to correct to the lower half of that channel. Here we are two months later and the S&P 500 is sitting on the trendline that defines the lower end of that channel.

The index sitting on this trendline could be a good entry point or it could be the beginning of a major correction if the index falls decisively below that line.

I believe we are about to see a strong move in one direction or the other. If it is down, watch out below.

If you are worried about risk in your investment accounts, reply to this email. We offer a free one-hour consultation.

Client Account Update


Client accounts are overallocated in Energy and Commodity stocks. Those long positions have been heavily hedged with Index Short Funds. That allocation has worked well over the last couple of months even though the S&P 500 is down over 6% from its peak.




We want clients who are a good mutual fit. To find out, we offer a no-pressure complimentary consultation. If we can help you and you want to work with us, that’s great. But if you don’t, we will give you free asset allocation direction on your retirement accounts, at no charge and with no strings attached.

If you are interested, send us an email to set up your complimentary zoom meeting.

Craig Thompson

Craig Thompson, ChFC

Email: [email protected]

Phone: 619-709-0066

Asset Solutions Advisory Services, Inc. is a Fee-Only Registered Investment Advisor specializing in helping the needs of retirees, those nearing retirement, and other investors with similar investment goals.

We are an “active” money manager that looks to generate steady long-term returns, while protecting clients from large losses during major market corrections.

Asset Solutions may discuss and display, charts, graphs, formulas which are not intended to be used by themselves to determine which securities to buy or sell, or when to buy or sell them. Such charts and graphs offer limited information and should not be used on their own to make investment decisions. Most data and charts are provided by

Asset Solutions is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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