My Portfolio Stats - Market Update 12/8/2024• going through my portfolio performance in detail, seeing positive signs in my RR trend, steady losses, but large gains recently
• consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages, while inflation is under control
• rate cuts will likely continue, which support continued strength in bonds as well as cyclical stocks
• overall still bullish long term, but the decreasing breadth and divergence in large cap vs small cap performance + extended indexes tell me that we might be due for a short term pullback.
• only 49% invested as I've been selling off laggards, likely going to get stopped out of more stocks as we correct
