Risk On Environment
We saw a massive shift in the stock market this week.
It has been a long time since we have been in a position where we can comfortably enter swing trades and long-term trades without worrying about the macroeconomic environment.
We are now in a different position in the market.
We have the election behind us.
We have rate cuts/FOMC behind us.
Now, we can comfortably put long-term positions on, as a lot of the uncertainty that weโve been experiencing in the market has subsided.
Index Review
You can see that the indexes have reflected this shift in the market with straight up buying the last two days.
While the market cannot and will not go straight up, we do not have any signs of being overbought at the moment.
We also know that there will be dips along the way, but these dips are being bought.
There are specific sectors that stand to benefit more from the outcome of the election than others. Watch the video below to find out what they are and which stocks to buy: