The overall weakness of the spreads has improved significantly from the lows with the model score ending the week at -43. This is still not not enough to turn the model to Risk On.
Individual shares have been pummeled and some very bad damage has been done to a variety of leading shares that have been flying high. I encourage you to work with the Database to see if your portfolio needs to be changed in composition. High quality shares are likely to outperform high beta names. The name of the game has changed from Growth to Capital Preservation. See if your favorite names have reached areas you consider as value and see how they are performing against the Benchmarks in the Database.
A video of my detailed expectations for the near term, with important levels to watch, can be viewed here.
Enjoy your time off tomorrow for MLKJ day.