What a week – first we got that largest flush in absolute term over the entire history of the US stock market, and then followed up by a equally impressive comeback on option and index future expiration Friday. So are we bullish or bearish now?
I believe nothing much can happen during the holiday weeks ahead. Majority of the professional traders having a good year will not even think of trading during this time. Lack of size players, stock market usually favors drifting slightly higher until triggering events suddenly happen.
David Lin having a discussion with Chris Vermeulen about what to expect short term. Christ has been consistent with his views and his calls are pretty good over the past 2 years. So this is a good time to hear from him to prepare for 2025.
At the year end, all kinds of predictions about next year showing up on YouTube. From western astrologer to economists making all kinds of amazing forecast, year 2025 for sure will be an exciting one for the trading communities. Everyone who is not an idiot knows that the current geopolitical, financial and natural environments are all compressing to a point of no return. Should anything erupt from these singularities, financial markets will react wildly which implies those who are prepared will be able to take advantage of the opportunities.
So who are the idiots, watch this video from Robert Greene.
One interesting video discussing the latest hot topic of aliens and all kinds of conspiracies surrounding the subject just popped up. If you have time, take your time to watch the whole thing.
These two weeks I have many meetings before year end. In between, we have these holidays for gathering with friend and family.
I will be taking things slow going into new year.
Have a great weekend and Merry Christmas!
