Good morning
Lots folks on wakstreet/pubdits saying after the last few days, we maybe coming to bear market resolution
-Higher highs past few days
- Powell /CB maybe easing off a little ( uncle P speaking again today) , lots folks expecting couple more hikes 0.75 and. 25 w QT Ease off after new year.
-Inflation leaked last month and maybe recessing
- After yesterday afterhour closures, signals showed Momentum/thrusts and market breadths maybe strong ( more than 85% stock positives 72hrs, strong closures 48 hrs ago, and 100% stocks positives yesterday)
- transportation etf, small caps etf, Nasdaq showed momentum upswings, they are usually the ones getting out gate first
Any thoughts on these subjects?
Lots folks maybe wrong but there could be lights at end of tunnel
What maybe on your buy lists for potential next bull market _ growth etf funds and growth stocks? Or more bond funds w next bull cycles. These are just my thoughts but I could be wrong. I maybe cheerleader for bear market resolution, but so much suffering since late fall 2021.
Looking add potential more bonds for mama portfolio ( not much UST Or CD /US_DOLLARS, CASH, these are so high now)
Then again maybe not... Feds still full-streams ahead today with expected 1.5% raise next new months, until the jobs number cracked and we have a real economic crisis
Thankyou
