If the Fed has a dovish tone in their December meeting, the market will take off. Might have a blow off top. That would be a good time to sell and take a more defensive position.
Looks like the US stock market is in a period of indecisiveness where it will go up and down pointlessly for quite a while before making a clear move in one direction or the other. We may be in a nasty sideways movement here for 6 months to a year. What’s not clear is which direction it will finally decide to move in. But it will be a big move when it happens.
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