Stock Market Investing: Managing Success & Shifting Some Risk

Risk Monitor [Market] commentary: End of year drift higher underway but watch out for 1st 2 weeks of 2024

• All is well with the advance as the expected drift higher this week began well with leadership from Small Caps [IWM]
• Often when markets run hot into year end the 1st 2 weeks of Jan. can be dicey.
• Investors can on occasion hold off on booking gains until the new year for tax reasons so early Jan. can see some aggressive selling.
• This action would be a welcome pullback/consolidation that would set up the next buy point.
• For now, that means avoid aggressive new investments and/or shift some capital to sectors just beginning an advance from a strong base.
• Never chase extended stocks, ever, but especially at this point in the cycle
• As you manage risk and book gains at targets or get Stopped out on positions building up some cash would be a reasonable approach.
• The market rally will take a break and being ready to take advantage of that instead of being controlled by will be the difference.

Highlights Stocks to Watch: Energy sector XOP OIH XLE 

Stocks to Buy: MSTR HIVE PLTR URNM

DISCLAIMER: All of ARMRreport, our trades, strategies, and news coverage are based on our opinions alone and are only for educational purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's/investor's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades/investments should not be based on the opinions of others but by your own research and due diligence.