π― 17 Dec Market Playbook: Tactical Defense, Selective Offense
Yesterday's action was messy on the surface, but very informative underneath. Tech weakness, crypto volatility, and rotation headlines made it feel chaotic, yet this is exactly the kind of tape where pick quality matters more than bravado.
π§ Big Picture: What's Really Driving Markets?
Rates & Macro: Bond yields remain the boss. Until yields decisively roll over, high-beta names will stay jumpy.
Crypto: BTC weakness is pressuring proxies, but this still looks like distribution β reset, not a structural breakdown.
Rotation: Capital is moving within risk assets, not fleeing the market entirely.
This is not an all-in or all-out market. It is a range + reaction market.
π What I'm Watching (and How)
π’ Watching / Tactical Exposure
NVDA β Still the market's risk barometer. I prefer selling premium or buying only on controlled pullbacks rather than chasing strength.
MSFT / META β Relative strength leaders. Quiet accumulation beats loud momentum.
BTC (spot, not leverage) β Watching key support zones. Patience here beats hero trades.
π‘ Trade-Only, Not Invest
MSTR / MSTX / MSTZ β Great for volatility plays, not for emotional holding. Entries and exits must be mechanical.
RGTI β High beta, narrative-driven. Only on confirmation days.
π΄ Avoiding (for now)
CRCL β Still in repair mode. Hope rallies are not strategies.
BYND / TLRY β Weak fundamentals + sentiment dependence = poor risk-reward unless the tape changes.
π Market Structure Snapshot
Indexes are below recent highs but above structural support
Volatility is elevated, yet momentum loss is slowing
This favors income strategies, trims into strength, and patience
π So... All In or Sitting on Cash?
Neither.
I'm selectively exposed, defensive where needed, and opportunistic when price confirms. The goal this week isn't prediction β it's positioning.
The market will always tempt you to act. Discipline decides whether you trade or get traded.
I'm not a financial advisor. Trade wisely, Comrades!
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