Uninspiring, 21st December 2022
🖼 Daily Technical Picture 📈
➤ We saw the smallest of bounces in the S&P500. It was uninspiring. Still, an upward move has to start from somewhere. Today may be the day to risk some capital.
➤ Uninspiring too is the Poll I took about people's opinions on which group of market participants might do well next year. 45% voted for "Everyone is a Loser". The contrarian in me would suggest that gives hope for a decent positive performance for equity markets in 2023.
➤ I currently hold zero exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: Waiting on the sidelines for an imminent trading signal.
➤ We saw the smallest of bounces in the S&P500. It was uninspiring. Still, an upward move has to start from somewhere. Today may be the day to risk some capital.
➤ Uninspiring too is the Poll I took about people's opinions on which group of market participants might do well next year. 45% voted for "Everyone is a Loser". The contrarian in me would suggest that gives hope for a decent positive performance for equity markets in 2023.
➤ I currently hold zero exposure. The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.
➤ Conclusion: Waiting on the sidelines for an imminent trading signal.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
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