Early Santa's gift has come

As said, I expected a retest of recent lows to come but it would hold. Here we are today: a sharp and severe early morning tank quickly receded and the day ended up with just a small loss, recovering the most of the initial loss. This kind of gut-wrenching volatility is typically seen at the bottom with an exhaustion of the selloff at the end. If you dare to buy today, treat it as an early Christmas gift! The year end rally should start now. But as always, don't expect a straight-line up and we probably will continue to see some significant volatility, especially around the time of mid-term election in early November!