If there is no SERIOUS political volatility in January, market should perform well.

Najam Ali: I have read many comments on the recent 11% fall of stock market. Almost all comments lack objectivity. Those who were upset about market’s sharp rise are rejoicing. Those who do not understand stock market dynamics are still clueless.

As Benjamin Graham said, in the short run, stock market is a voting machine and in the long run it is a weighing machine. It still holds true. There are many factors that affect a market. In our case, leveraged trading has been a big driver historically.

The recent fall was a combination of leverage reaching an unsustainable level and liquidity drying up due to close of year for financial institutions. This is why I had warned investors to not trade in my recent tweets. Investors however have nothing to worry about.

https://twitter.com/najamali2020/status/1739715982594294226?s=48&t=G-cOBg7EkX_kBYa6eWDKdw