US stocks enjoyed a better session overnight with the broad-based S&P500 finally closing up +1.4% supported by a strong Energy and Tech Sector as traders squared their books off ahead of the US CPI and Fed decision over the coming days i.e. they feel too bearish!
- We are still bullish on US stocks into Christmas with the 4200 area likely to cap gains unless the Fed hits the release valve this week.
MM remains mildly bullish on broad-based US equities into Christmas
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