US stock market going forward......

 US stock market is facing many challenges in near term.....

DELTA variant is raging all over the world including China...

WHO is very concerned about Chinese Delta variant....

Earnings are either peaked or are already priced in.....

Stay @ home or reopening trades have been played out with mixed results...

Vaccination is picking up again due to fear of being infected and dying...

New restrictions are being placed all over again, even CDC is retracting many guidance..

There is a serious bottleneck in " supply chain "

Chip shortages remains a serious issue and impacting many many products from Cars to Industrial equipment.....anything digital is feeling the pinch....

Direction of short term interest rates will remain a hot topic...

Labor shortage is a " new twist " as most employees do not want to be stuck in traffic for hours and waste their precious time anymore....online has given most an easy answer to previous lifestyle....

Wages are going UP and bonus are in vogue BUT few takers...

Many of these will result in higher cost and will impact earnings.....

Inflation is spiking UP worldwide from Gasoline to raw cost...

All of the above was very evident in many conference calls thus guidance has been not so hot generally speaking.....

SO...what is the answer for Investors, Traders and Day traders.....

All need a rethink based on the above....

Investors need to go with ETF in new ideas which is not impacted by current challenges or minimum impact.....

Traders / Swing traders need to understand rotation which is happening on a daily basis.....

Day traders go with TAPE....buy whatever is moving UP or DOWN based on long / short approach

Those who are unsure as to what type of trader / Investor they are, they must learn to refocus on due diligence which includes Fundamental Analysis and Technical Analysis. They must show patience and conviction in a broad based portfolio...lately I am falling into this category.....

Markets generally looks 6 months ahead, It sees many things manageable .....

YES...there may be violent reaction in market based on Delta variant / Inflation / direction of short term Interest rates from time to time....

Every market goes through pullbacks / correction and this market is NO EXCEPTION.....

BUT it IS IMPOSSIBLE to predict market movement in entirety, so no need to be a non expert...many pundits try everyday only to be embarrassed .....

Stay in the market with all the known risk.

Good luck with your own conclusion and comfort level.

BLOG does NOT give buy or sell.

Saleem