All i can say is that we have to be patient at this point and we will take the trades as they come. We have to wait for powell to finish his speech and we will see if Santa is good or not. Otherwise than being patient there is literally not much to say about the markets. Crazy volatility during this period so if you intra day trade take your profits as you can be rountripped. My honest opinion is that 7.1% inflation in the US is still nowhere near 2% the Fed's target. We will definitely experience some crazy times, people are already calling the next bull run, but i think with higher rates the financial sector will perform poorly probably in q2-q3 2023. With bull runs you always get caught but i really do not think its a good time to hold stocks yet. The next bear leg will be brutal if we get it.
Cheers and patience!
Cheers and patience!