Naw, all that stuff could affect things, of course, but that is not what my feeling is based on. Its based on: 1. End of year selling pressure to lock in tax losses is now over. So much of the selling pressure is gone. 2. We've had a huge down run, about due for a pullback to the upside. 3. You could see the down run slow down in the last few days, sellers running out of steam (helping confirm 1 and 2). 4. The way the market came back from a very big down today to almost flat was very telling, confirming 1, 2 and 3. News items like those you mentioned, if they come back unexpectedly negative to a significant degree, could definitely spoil the rocket, but if things come back more/less in line with expectations (or better) we headed for a big move north.
The #1 story in the new year will be Inflation continuing to rapidly drop and crash narratives having to change. Eventually people will realize things just aren't that bad.
You have been making related claims for a while now Nine Ender, and you've been right all along, I hope you continue to be right! Daddy needs a new pair of shoes!!!
Rocket launches have consequences. If 2022 is any guide, rockets going up will not last by bringing salvation, because the FED (Dr. Soren) is in the way. There can be no reversal of trend until the Fed stops the madness.
S&P 500 going into the close rallied 35 points, but failed to make it green. 35 points is what, about half the average daily range. Not that impressive.