Market Update - 12/15/2024

• only 21% invested, got shaken out of most of my positions
• large bad trades this week cost me almost $300 or 10% of my account
• I will not put large positions again in bad and worsening market breadth environment
• watchlist is the shortest it's been in a while, setups are not the best either
• most setups are in finance names, I think they could be leaders after the FED decision next week
• whatever industry leads in the first few days after the FED decisions will likely be the leader
• won't add new positions until the decision next week, or at least nothing large, will remain defensive until things improve