Our Urgent Market Update Video reviews important real-time market developments and their impact on high-probability trading opportunities. Today, we discuss this current market melt-up and ask if this Santa Clause trade will continue until the end of the year.
The simple answer is YES. We think we are likely to experience further upside in the days and weeks ahead. One of the important factors that we explain in detail in the following video is how and why we have seen this month-long rally and why we are seeing a flood of capital looking to go long on these markets. These markets are moving off the expectation that the Fed is likely to lower interest rates sooner than expected. It must be said this is opposed to the actual Fed narrative which is still “higher for longer” by the way. That aside, this is causing these impressive bullish moves. The rollover in US Bond Yields has only confirmed this bullish bias over this time.
So the outstanding question remains, will we see a continuation of this narrative and a bullish market continuation in December? We don’t see any real reason why this wouldn’t be the case. Inflation is lowering, Bond Yields are lowering, and the economy is performing well with low unemployment and higher wages. It does seem right now that we are in this “goldie locks” phase which means we may need to see the data change significantly or some major global development for this narrative shift. As traders, it is important to note that we should always be looking to trade what we see and not what we think. Something to ponder.
You Can Now Become a Member for Just $59 per Month
Take your trading to the next level with our comprehensive Live Trading Bundle. You will soon discover why we are trading’s best-kept secret. We are successfully building the world’s largest group of profitable traders and would like you to become a part of it.
You can now become a Member of our trading team for just $59 per month (cancel anytime). You will benefit from unlimited access to our professional traders live every day, our transparent Trading Signals and our Monthly Trade Plan. So, what have you got to lose? JUST CLICK HERE TO GET ACCESS NOW and start your journey to becoming a consistently profitable trader.