I hope you had great Christmas – there hasn‘t been much need for you as swing traders to act since Fri Dec 22. The late day drop was more than erased already on Dec 26, and stocks kept grinding higher just like I told you they would.
If you‘re into playing the year end intraday, here is a snapshot from our channel that I posted Thursday European morning.
The same year end positioning goes on with bonds and the dollar, so be careful with most interest rate sensitive plays…
Thank you and Happy New Year – to the great times we have ahead in 2024!
All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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