Pristine Market Analysis & Watchlist 12.14
📈The trend is your friend, until it ends
Small caps soar!
Bonds go parabolic!
Team,
Trends accelerate before they end.
The current market trend is accelerating.
The trend is your friend, until it ends.
HAGE 🍻
-Andrew
News/Economic Data
Retail sales came in better-than-expected and initial jobless claims came in lighter-than-expected 👇
Treasuries
So it was actually a bit odd that the TLT rallied +2.27% today. We took profits in our TLT June calls today for this reason. Doesn’t mean bonds can’t keep going up, but the risk/reward today does not seem nearly as favorable as it was a few months back. Interested in buying back in on a pullback.
FX Market
The dollar index finished DOWN and put in a red candle ✅
Energy
Crude oil bounced back into the low $70’s/barrel, but the bigger picture trend is DOWN ✅
Equity Dashboard
The megacaps cooled off and the IWM small caps took the baton👇
Index Price Cycle Monitor
Index Performance Monthly
The small caps are playing catch up this month! We discussed this the potential for a small cap rally in our weekend market analysis video. Here is a short clip of it 👇
In the following sections of tonight’s update, I’ll cover my research in preparation for tomorrow’s trading session
✅ Trend Model Update - Our proprietary indicator that informs us on how aggressive/defensive to position in the market
✅Market Strategy - Our trading plan
✅ Today’s Trade Blotter and Position Update
✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities
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