Why This Omicron-Induced Volatility Creates Epic Pullbacks to Fade

 
December 24, 2021
 
The Markets Are About to Get
Crazy in 2022…
It's officially the end of the year…

And unfortunately, most people don't know about all of the wild things happening behind the scenes causing the stock market to set up for a ton of volatility in 2022.

We're talking about massive volatility…

WealthPress Senior Strategist Roger Scott doesn't want to give away his best predictions just yet… We'll have to wait for his "Turning Point 2022" presentation on Dec. 28 at 1 p.m. EST for that.

But before this happens…
Look at This
 
The Market Is Oversold, but Will Omicron Send It Crashing Down?
On Monday, stocks were down BIG because of fears of the omicron variant spreading like wildfire.

New York City over the weekend reported the largest number of COVID-19 cases ever, Europe is imposing restrictions and shutdowns, and there's a lot of disruption negatively impacting economic activity…

And that's all Wall Street cares about. So what does all this mean for us going forward?
Will Santa Bring a Rally This Year?
 
Omicron-Induced Volatility Creates Epic Pullbacks to Fade
For a fleeting moment, we got some epic pullbacks in quality names.

Literally everything on our watchlist was red for a hot minute…

But were any of these moves down on serious bad news? Did anything fundamentally change with the companies?

Of course not. Prices go up… and then they come back down.
What Should We Do?
 
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Rich D.
Backtesting allows a trader to simulate a trading strategy using historical data to generate results and analyze risk and profitability before risking any actual capital. A well-conducted backtest that yields positive results assures traders that the strategy is fundamentally sound and is likely to yield profits when implemented in reality.


 
 
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 
 
                                                           

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