Daily Note | December 21, 2023 | Some Swap Ideas

Yesterday was the first down day in 8 days and not only was it down, it was the largest drop since October. Today, the markets are rebounding and the S&P could see the 8th straight winning week.

The AAII individual investor sentiment survey hit a 2.5 year high with 52.9% of respondents optimistic vs just 19.3% pessimistic. That spread between the two is …