Market Update - 1/18/2025

75
• bulls are back
• my breadth indicator finally showed a buy signal on Friday, indexes have retaken key moving averages after a month of consolidation
• seems like a healthy correction and we have all the reasons to have another leg higher
• would note that I'm still minimally invested and have only 2 positions, keeping size small, until I see more traction
• in general, there are still not that many great setups I like to buy, so that's another sign for being cautious

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