Market Still Correcting

It looks to me there’s more room to the downside for the market. If you take a look at the weekly chart of the NASDAQ, we’re still in the early stages of the correction. I may nibble a bit here and there for some bargains, but I would not be aggressively buying in this market. There are some stocks holding up fairly well such as J. Crew (Ticker: JCG) and Apple (Ticker: AAPL). I currently have positions in both of these stocks. There’s really not many out there right now. So just be patient…