 everyone and welcome. This is Melissa Armo with Stock Swoosh and I thought I would review the market, was gonna do that today on Fox Business and got bumped. So I thought I'd give you my market review for here for the spy, which again, you can look at the S&P, I look at the spy, this is an ETF of the S&P. Let's take a look at it. This to me was not what I would consider a bearish day in the market. We gapped up, so we opened higher in the pre-market and then into the open and we fell a little bit here but we held. I called for the day in the morning and the pre-market was we're gonna hold today and we did. We had a baby down day for the market and if you look at how we rallied ever since 1226, we've had a jimungous rally. So this is not bearish whatsoever and the fact that we fell for the last couple of days, again, we hardly fell anywhere at all. The market is bullish. The market never broke the uptrend even when we fell off in December. Market is holding the uptrend and I expect that will continue for 2019 to hold the uptrend. Now, where do we go from here? What's gonna happen? We have the government shut down coming in between now at the end of the week or is that gonna get resolved or is the government gonna shut down again? And then we also have the situation happening where Trump is in talks or the Trump board is in talks with China. So they're trying to do these negotiations and what's going to happen? Nobody knows. Here's what I think about that. So say the market rallies, follows through, continues, gets up to 280 and stalls because they don't make a deal with China with the tariffs by March 1st. That will still show a tremendous rally and amount of strength in the market. So my tip of the day is don't panic. If Trump doesn't get a deal done with China by March 1st and they have to slap on new tariffs, don't panic if you're in the market long-term and if you're bullish on the market and if you're in long-term positions, don't panic. But I will say that if we don't make a deal the US by March 1st and those new tariffs go into effect, then guess what could happen? We could slosh around and be very volatile into the spring and early summer of 2019. I do believe the market has a high odds. High odds of market makes brand new on-time highs 2019, but it could be late summer, early fall 2019 or even the end of the year if we don't get a deal done with China early, early, meaning first, second quarter of 2019. So we still have time here. What I'm saying is though, don't panic. Don't panic if you're in the market long, if somebody doesn't get done by the first, but do expect extreme volatility if it doesn't happen. I don't know how the market would react to another government shutdown. It could have a one gyration of a day. I don't expect some significant sell-off here to occur though if the government has a second shutdown. I just don't think that's gonna happen. So if you look at this year though, overall I'm telling you we've shown a tremendous amount of strength very quickly. We've almost rallied every single day since December 26th. So the fact that we fell today, the fact that we fell for the last couple of days really has no meaning on my change of my read of things for here. All the market did is confirmed to me in January. I called the New Year's Eve rally, we got it. And then in January, all the market did is confirm how strong we are because you had an enormous amount of buying come back in and scoop in that really was never gone. You didn't have serious institutional selling that occurred in December. You had some selling. You had some selling, but it wasn't what I would call panic selling, okay? And as you see, we've already gone on through and almost 100% retraced it. We've almost 100% retraced the selling that happened in December. Here is the first day of December, which is December 4th. Highest 278.37 and the previous area here that we were just at last week was not that far off of it. 273.44. So we've 80% retraced it. Great sign of strength. So good luck people. Again, stock switch tip of the day is don't panic if a deal doesn't get done with China, with the tariffs by March 1st if you're in the market long term. If you're an active trader, expect more volatility. But I expect that this year anyways even more so than last year. Good luck everyone. I'll see you the next time I'm on TV. Have a great day.