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One of the stocks in our portfolio is involved in a merger. I virtually always advise investors to sell upon receiving buyout offers. However, I admit that owning a debt-free oilfield service company in today’s stock market is enticing. I’ll make my recommendation within a few days.

The iShares EM Fund (EEM) has been through a bad week, pulling it decisively below its 25- and 50-day moving averages. It’s a clear red light, and we’re taking action to reduce our exposure while we await both quarterly earnings reports from our holdings and a return of the buyers to emerging market stocks.

One of our portfolio stocks reported a huge earnings beat and moves from Strong Buy to Hold.

Apple (AAPL) has a good earnings report and a stock moves from Hold to Strong Buy.

In our view, the market has had a constructive week. Last Friday’s trade war-related plunge threatened to crack the nascent rally this week, but instead, the buyers have been active, scoring higher-volume gains Tuesday and Thursday. As we write this, the S&P is up 2% and the Nasdaq up 2.7% on the week.

Two stocks move from Strong Buy to Hold and there is bullish price action another.

Remain cautious. Our Cabot Tides and Two-Second Indicator remain negative, but the market’s longer-term trend is still up and encouragingly, many stocks are holding support. We think there will be some great opportunities down the road, but until the buyers retake control, it’s best to cut back on new buying and hold a good amount of cash on the sideline.

The market remains extremely volatile and news-driven on a daily basis, with tariff shenanigans repeatedly in the headlines. That said, nothing much has changed with our market timing indicators. The intermediate-term trend is still pointed down and the broad market remains unhealthy, so we continue to advise a cautious stance, with only small new buys and plenty of cash on the sideline.

Do a little buying, but continue to keep a good chunk of cash on the sideline. The market’s evidence has definitely improved recently, though our Cabot Tides have yet to turn positive—in essence, the overall trend is neutral, though many growth stocks are setting up well.

Even with increased tariff talk and even rockier trading, the markets rebounded strongly Monday. The volatility has increased anxiety, but the consistent bounces are a good sign. In other news, oil prices are bouncing back, interest rates remain subdued, and earnings season begins this week.

It’s earnings season, first featuring bank stocks, then oilfield service companies a week from today. Most of the other companies in our portfolio won’t report results until early May. Others operate on different fiscal cycles.

Markets pulled it together last week, with oversold financial and consumer stocks finding support and delivering gains for the holiday-shortened week. However, the market started this week with another sharp pullback Monday, bringing the Dow and S&P 500 back to their February lows. And markets look set to open lower today after China announced a slew of retaliatory 25% tariffs on U.S. exports. A rebound later this week is likely, but not certain.

Two stocks have earnings beats, and we’re selling a third stock after gaining 20% since January.

One of the stocks in our portfolio reported a huge first quarter earnings beat and many of our other portfolio stocks are rising.

The yellow flags of the past couple of weeks finally hit a breaking point starting late last week, with most indexes and leading stocks hitting a good-sized pothole. If the sharp dip is over, there should be plenty of stocks that are providing new and/or follow-on entry points (rebounds from their 50-day lines, for instance). But we’re still tightening stops, too, and could easily turn more cautious if the market/stocks crack further from here.

One of our stocks has lackluster performance and pattern of lower lows and lower highs, it’s time for us to move on and sell. Our capital will be better invested in the new pick, and I have several viable candidates on my watch list!

Remain bullish. Our stance hasn’t changed since last week, as our trend-following indicators are bullish and growth stocks are acting very well in general. Our cash position remains at 20%, though we could do new buying if we see a proper setup.

We could see some funky trading action next week since the Wednesday Fourth of July holiday will mean a lot of people out of the office. But then the market will start looking forward to Q2 earnings reports, which will begin to come out in late July and early August. Stay the course as the volatility probably isn’t over hasn’t yet translated to lowered growth expectations.

The markets came under heavy selling pressure today, as investors finally began to grapple with the possible effects of genuine trade war, one that included not just China, but many U.S. allies as well. As a result, we are selling two positions and moving two positions to hold.

The market was mixed today, as the Dow rose 94 points, but the Nasdaq dropped 54 points and many growth stocks were hit hard.