The Choppy Market Will Be Back
Dec 12, 2022
The Week
Another federal economic report hit on Friday. I do mean hit – AGAIN.
And we have the CPI coming out on December 13th and FOMC Rate Decision on December 14th. These are the reports that have been causing crazy Market swings lately. I am expecting more of the same.
Looking Ahead
Generally, I feel the Market struggling to maintain an uptrend which I believe it will through Christmas. I still believe the week between Christmas and the New Year will be flat. Then in January, I expect the choppy up and down action will be back in our trading lives.
How am I Doing?
Friday was the last day of this quarters DATA series. My goal is to always double my account in the DATA 10 weeks. I fell short this time for the first time in a long time. My $25,006 account is only up $15,005.95 or 60% in 10 weeks
I didn’t feel good about falling short, but the results are easily understood. Just think what the Market has looked like during this period.
Right now, I only have a few PUTS on going into next week.
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