The PPT moved into the market this week to enable the "Santa
Claus rally" to impact "good feelings about the economy" as we
approach the end of 2021.
Unfortunately, the foundation of the economy continues to be built
upon debt promises that cannot be repaid and will have to be repudiated
with massive consequences to not only the U.S. but the world economy.
Watch for the "Great Reset" to affect your financial situation in the
coming months.
The Russians and the Chinese continue to prod the remnants of the
U.S. "wok" military which could erupt into a shooting war in 2022.
The valuation of TSLA versus the rest of the automotive world
shows the utter stupidity of investors thinking. Talk
about "tulips!"
Remember -- "Only purchasing power counts!"
Setting definitive action points for held positions will be key to
retaining profits in this market.
It is difficult to find long-term trading opportunities with the
future so uncertain.
By any reasonable measure, this market is dangerous with buy-backs
and ETF balancing accounting for over 50% of trading this ytd..
Be careful ....
We live in interesting times but safety in your investments
should be a major concern going forward.
Remember to ... "Keep It Safe, Simple and Stay Focused!" going
forward.
Fred Richards`
December 24, 2021
