Where the futures are currently, we are likely looking at 2-...

Where the futures are currently, we are likely looking at 2-3% drop in the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ tomorrow. It’s time to go, as someone who has sat on their hands a long time..

While I cannot the immediate future, the stock market rests on inflation falling. Whether that’s in 2-3 months or longer I cannot say, but in a year? We will be in better shape.

Keep in mind seasonally midterms and 2nd years of 1st year presidents are historically the worst time for stock markets.

And remember, we were about 2-3 times away from going back to a “bull market” And all time highs. By the time we reach the end of this year, many of the frightening rate hike surprises are gone. While I foresee potentially the final rate hike of 2022 being .75, after that the .75 hikes are over

Note I DO NOT mean buying FANG stocks which May struggles for years in this environment. I mean leading stocks such as $Enphase Energy(ENPH.US)$ , $Rhythm Pharmaceuticals(RYTM.US)$ , $First Solar(FSLR.US)$ etc…