With the released Of the October CPI at 3.2% which was Lower than previous month and had beaten the analyst expectations, market had a rally effect which is all within expectations. 

What we need to be caution now is At the current price and valuations, does it make sense for today general economic context. My call is, there are more downside risk than upside due to many uncertainty outside US, within US, a slower economy growth, companies doing retrenchment, high inflationary is still not resolve Which means more downside risk in short term.

Please exercise extra caution at this point in time as US stock market had recorded tremendous amount of gains in the last 2 weeks. Whatever anticipated data was already release, now is the time where profit taking correction might occur. Market is also at a very sensitive stage, any bad news will caused the market moving into price correction mode which is healthy to prevent from over-valuations of the companies.

Trade with care and good luck to everyone with your trades, protecting your capital and know when is profit take is very important. No one will be able to buy at the lowest point and sell at the highest point.