Bag those profits!
Mid-term elections approaching.
The market is bullish pretty much all the time when elections are near.
FOMC next week will give more clarity for the nearest future and i think it's bullish between now and January. FED is likely to give hints for a "semi-pivot", increase 75bps in November, and 50bps and/or announce a pause in December that will then send the markets on a strong upswing.
SPY confirmed inverse H&S and several Chinese stocks "capitulated"...
BABA @$60 is a joke of a price on the long-term perspective.
NIO has gone below $10.
XPEV just got their Dubai flight permit and did it's 1st ever public flight of XPENG AEROHT. No brainer's in my opinion.
No surprise to see the SPX hitting 4,100 by end of this year (or early January)
Time will tell...