Rate Hike Jitters, Omicron Spread, Hackers And AWS Outage

As negative headlines dominate the media and Fed decision jitters cumulate, bears run over the bulls this week. The fast upside in speculative markets did not reach our profit targets and we had to exit trades at or near our stops to preserve capital. Cryptocurrencies face steep panic selling and we will wait for our next long trade signals to come into play prior to entering new positions. 

We provide this information not as trade recommendations but to monitor and follow our performance. If you would like to have these trades before initiated please contact us for a trial to our software platform.  

Today’s Top Headlines 

• Hackers and Ransomware attacks continue, Log4j Vulnerability
• AWS West Down 
• Fed Meeting, What Will Powell Do? 

Our portfolio has exited all of our long positions. Risk management is key to successful trading.

We still believe there will be a rally in the last few weeks of the year. We will monitor the markets and wait for long position setups to trigger.