Market After The Open - Tuesday 19 December 2023

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Yikes!

The bull can't be stopped. For now nothing to do except take the benefits of the move up and try to not (1) assume it will be only-up forever and (2) add to shorts when judicious to do so. Personally I remain heavily net long per the trading plan and ratios disclosed for our paying subscribers below; I have added piecemeal to short index ETFs as a modest hedge, those are underwater (but small beer vs. the long gains). For now, no more shorts for me; I shall wait for a sustained fall to add more.

Without further ado - let's get to work!

Note - to open full-page versions of these charts, just click on the chart headings, which are hyperlinks.