Announcements

Happy holidays readers! 2020 is a truly “special” year for us. I bet anyone live through this year won’t forget about it. LOL! COVID-19 changed our lives in so many different ways. As market participants, we need to be comfortable with changes and learn to adapt. Anyway, 2021 is approaching. Let’s get ready for it and start the year strong!
100% return challenge is announced for CL Capital private twitter members. In this challenge, CL Capital will start an account with $35k and aim for 100% gain in 2021.
Educational post The Game of Psychology is posted. CL Capital paid hefty tuitions to the market to come up with the post. Please give it a read to save yourself some mistakes. Please also consider sharing the article if it helps! Many thanks.

General Market commentary

Market gapped up and stayed up for the day. This shows the strength of the market we have. This advance is led by the large cap stocks as indicated in 12/16/2020’s market update. However if you mainly focus on growth stocks, we are seeing some weakness below the surface. Be careful if you are a growth investor!

Quantative market model signal

Midterm trend: moderately bullish
Midterm risk: high

Featured charts

The almighty AAPL is approaching to ATH again. If you are long AAPL, hold onto it is your best bet. However, the crazy optimism on Apple’s electric car is a potential risk. My best guess is AAPL will stall a bit here and continue higher into seasonally choppy January.