📉 Markets Testing Nerves — Still No Clear Direction
The markets are taking profits broadly, but both $SPX500 and $NSDQ100 are still holding just above their 50-day moving averages. As long as those levels hold, the overall direction remains uncertain — we’re stuck in that frustrating zone where anything can happen.
We’ve bled quite a bit over the past two days, but I don’t really see it as “losing.” Partly because our run this year has been nothing short of remarkable 💚, but also because my medium- to long-term outlook remains bullish — well into 2026 and possibly 2027. We’ve built up a huge balance, so even if a proper dip hurts our 2025 numbers, it would set us up beautifully for the next leg higher.
🧭 So why am I not de-risking more?
Because the market still hasn’t made up its mind. We’re right on the knife’s edge — and in the short term, I have little confidence in either direction. I’ll therefore hold my balance steady and wait for the market to show its hand.
If we close below the 50-day MA → I’ll start hedging via $SQQQ.
If we bounce from here → I’ll add back some tech exposure and $TQQQ.
💰 Crypto — the long game
In 2017, I bought 2 $BTC for $3,500 and sold them six months later for $10,000 — a fantastic trade at the time. But if I had held until today, they’d be worth around $200,000. Crypto is something you buy on deep dips and hold so your kids can buy homes with it one day 🏠.
$MSTR (Strategy Inc) remains my largest stock position. It hasn’t performed brilliantly recently, but long-term, I genuinely think it could become one of the largest companies in the world. A crypto dip now would actually be welcome — it would let me add more.
📊 In summary:
I’m actually hoping for a few weeks of red to set us up for a fantastic Christmas rally and a strong start to 2026. Sometimes the best move is simply to wait.
As always, feel free to like, comment, or even consider a copy if you want to join the ride.
Have a great weekend!
Jonathan... Show More
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Sat Dec 13 2025 19:50:25 GMT+0000 (Coordinated Universal Time)
