Risk-On Turn In S&P 500 As Powell Delivered

0
Risk-On Turn In S&P 500 As Powell Delivered
rashevskiy.yandex.ru / Depositphotos

Yesterday confirmed the risk-on turn in S&P 500 and beyond as Powell didn‘t spook the markets in the end. So, not even a temporary setback, let alone crash that many others had been calling for.

Face ripper rallies stretching from stocks, bonds, over to precious metals, base metals and even oil (so contingent upon what‘s going on in China) ensued.

Get The Full Series in PDF

Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

Q3 2022 hedge fund letters, conferences and more

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

 

Following the Williams and Bullar duo, don‘t underestimate this key Powell pronouncement. Markets are running with that. The Q4 rally got a new lease on life, and the pace of gains (digesting this fresh momentum) are to determine not only the 4,065 support that held overnight, but also the next hurdle of 4,130 – with all that I would be guiding you on thereafter.

This sharp increase in volume doesn‘t hint at more than a tactical pullback at best – with risk-on bonds firmly confirming the rally, and the dollar again losing altitude. Some recap of the fresh daily levels - don‘t be disappointed if we don‘t make it to 4,130 today, the progress already has been excellent, and no market goes up in a straight line.

Volume confirms. Finally, what‘s not to love about precious metals, or the whole portfolio? Copper going hand in hand with silver, miners on fire too, and oil…

Keep enjoying the lively Twitter feed serving you all already in, which comes on top of getting the key daily analytics right into your mailbox. Plenty gets addressed there, but the analyses (whether short or long format, depending on market action) over email are the bedrock, so make sure you‘re signed up for the free newsletter and that you have Twitter notifications turned on so as not to miss any tweets or replies intraday.

I can‘t stress that enough as there also intraday profit opportunities that I cover on the go via Twitter. Turn your notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing.

Today, I‘m also offering the promised yearly packages to both Monica's Trading Signals and Monica's Stock Signals – see the two new tiers added at Patreon.

Let‘s move right into the key chart (courtesy of www.stockcharts.com).

Gold, Silver and Miners

Gold Rate Hike

Precious metals and miners cast the best light on the current phase of the monetary policy cycle. Bright days are arriving, and silver will lead. Potentially to $27 before Apr 2023 is over.

Thank you for having read today‘s free analysis, which is a small part of the premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, oil, copper, cryptos), and of the premium Monica's Stock Signals presenting stocks and bonds only.

Both publications feature real-time trade calls and intraday updates. While at my homesite, you can subscribe to the free Monica‘s Insider Club for instant publishing notifications and other content useful for making your own trade moves on top of my extra Twitter feed tips. Thanks for subscribing & all your support that makes this great ride possible!

Thank you,

Monica Kingsley

Stock Trading Signals

Gold Trading Signals

Oil Trading Signals

Copper Trading Signals

Bitcoin Trading Signals

www.monicakingsley.co

[email protected]


All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice.

Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind.

Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make.

Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.

No posts to display