Have you seen this man? His rally is missing.
Mark Sear • Dec 14, 2021
Is it too late for Santa to deliver? Today he gave us $330. Yesterday nothing. Maybe we're on our way?
Terrible inflation numbers. A fed that seems disinterested (we shall find out at FOMC tomorrow) . Omicron now identified in 33 US states. I mean let's face it, it all adds up to market confusion.
And what do markets hate? Confusion and uncertainty. That's why we saw some choppiness today in the first part of the session as you will see. Once again our daily numbers absolutely killed it, they kicked in at almost exactly the highs and lows of the day. And the first 30 minutes or so? Well we made $320 which was easy to take to $800 after the live session ended.
But the major league rally? Santa's normal gift? It's not here. Will it arrive? I'm not sure at all. We'll see what magic dust Powell can sprinkle tomorrow.
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