Daily Alert – Thursday 8th December 2022: Quiet week ends with profit

Mark NugentDaily Alert, Dec 2022

Daily Alert – Thursday 8th December 2022: Quiet week ends with profit

Good morning.

Yesterday saw good GDP numbers in the Euro zone and Japan. Risk sentiment was indecisive.

I closed my S&P500 short trade for a total gain of 1.8 percent. I was maybe super cautious, closing the second half of the trade at a high (that’s bad for a short) but, frankly, getting out of this market with any kind of reasonable gain feels like a victory.

There is little left on the calendar for this week.

I will be back tomorrow with a brief video of the one trade I closed last week – Japan225 short, closed for a small loss.

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE