Hope so, I want another rally that would allow me to close more positions by EOY before the market will begin to go down again in Q1 2023
If anyone follows the yield curve and inversion that is most likely why. Historically it means the obvious signs. Sum Ting Wong
I've been watching oil and noticed it wasn't getting off the floor recently. But Cramer had a technician (Carly Garner, the Nov 22 show) that said oil would recover in January, it was a seasonal thing.
China PPI and CPI just came out and they pretty much matched the estimates, now we will see the PPI in the US tomorrow morning
Slightly leaning bullish for rest of the year but I am bearish for Q1 2023., I could be dead wrong though The FED announcement tomorrow could be the last big market mover before we move to 2023
Stocks took a dip back to where the week started; bouncing back now. The week's high was made in extended hours (CPI data came out pre-market).
Huge volatility and not surprising on the FED day I didn't do much since I was watching the World Cup match but I did manage to sell MRNA in my short term trading account, still holding shares in my longer term account though since I got in at $29.66