There are only a few more quarterlies on our list. I suppose that we are in for about 8 weeks of not much specific company news. Eight weeks of economic data, Fed governors’ talks and interviews and blabberings of talking heads. The latest inflation and jobs reports were not good in so far as generating hope for a quick halt to rate hikes. The market hardly noticed. But every day and every data point brings us one day closer that promised land. So I am “seeing” an upward bias for the market, In the absence of significantly worse than expected bad news, the market should drift up. With the 0.1% higher or lower data points coming in, we should see a trading range slog – I think. Good for puts and calls. Good for buying the dip and selling the uptick.
Call that plan ‘A’ while net deploying of cash and meditating on the spirit of I was shocked by this man #shorts - YouTube
KC