Breadth divergences are starting to appear in the major US indices. With the last week of Jan pulling back 4ish percent from the recent highs, we're at the 50 day moving average and December highs in the S&P. Next area of support is 3500 areas, which is the September highs and 100 day moving average.

With January being negative for the S&P, the month's returns are 84% indicative of the rest of the year. When negative, the market is tends to be flat or experience a 10% drawdown (which is avg market year).

Raise your stops and your cash in the near term. But in the future, Mr Market will be right, and my guess is just a blindfolded dart throw.

Jan 2021 Holdings (not linked yet) -

Stocks:

$SFIX - 8.6%

$MDB - 8.2%

$BRK.B- 8.2%

$PLTR - 8.2%

$CD - 5.7%

$SQ - 5.6%

$UPWK - 5.2%

$DOCU - 5.2%

$MBIO - 4.9%

$MP - 4.0%

ETFs:

$EEM - 8.5%

$MSOS - 5.8%

$VVO - 5.6%

$QQQJ - 4.2%

Options:

$CHD - 1.5%

$WWE - .6%

CASH: 10%