Equities Continued Volatility

The equity markets continued their volatility this week attributable mainly to US domestic political factors (Jerome Powell testifying before congress and an indication that trade tariffs may be coming out of Washington).  Regardless of the impetus for the volatility, the market is clearly becoming more sensitive to external factors and it is a time for close stops to limit risk.  I entered the market briefly on Monday with tailwinds of strong upward momentum but was later stopped-out as the move lost it’s strength and turned downward.  I am currently Flat in the S&P futures market.