Market Pivots: Broadening Rally Meets Bank Earnings Test
Fresh news and strategies for traders. SPY Trader episode #1486. Today's pivotal trading session features a market near record highs, testing critical levels with the December CPI report and the start of Q4 bank earnings. We analyze the broadening rally led by small caps and rotation into healthcare, contrasting it with severe political risk facing consumer financials due to a proposed credit card interest cap. Key trades involve embracing diversified equities (VTI), maintaining AI exposure (GOOGL), and exercising caution around pressured bank stocks ahead of JPM's report.
The skinny
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