Turnaround Tuesday incoming!
Observing bond yields starting to decline from their highs, while Bitcoin is recovering from its lows and VIX surrender almost all gain.
DJT stocks have rallied, indicating what appears to be a potential turnaround.
It depends on the PPI data today and the CPI release on Wednesday. If both come in "positive", we could see a pre-inauguration rally. If they turn out "negative", it might lead to one final dip before a potential turnaround.
Everyone, including Wall Street analysts, says that after Trump's inauguration on January 20, which isn't far away, he will support U.S. small businesses. Let's see if the "Trump effect" reappears on small caps resulting in small cap stocks rally next week.
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