It's A Near-Perfect Bullish Setup, But Time Is Short, Act Accordingly

David H. LernerInvesting Group LeaderFollowSummaryThis is a bullish market phase, but I anticipate a 5–7% correction as bearish narratives gain traction.Key risks include rising interest rates, armed conflict, oil price volatility, and political headwinds, yet I see these as buy-the-dip opportunities.I will be building cash to at least 20% and deploying hedges while selectively trading options and leveraged ETFs.Recent trades include long positions in SPCX (via SPCH) and CELH call options, targeting tactical gains amid expected volatility.This idea was discussed in more depth with members of my private investing community, The Active Investors Forum. Learn More » Vladimir Sukhachev/iStock via Getty Images Some Bumps Coming Soon In my last article, I extolled the "Situational Awareness" debacle as a huge bullish signal, and this past Friday, the July jobs report has stalled interest rate raises for us. This reallyThis article was written byDavid H. Lerner31.88K FollowersFollowDavid H. Lerner is an analyst with a decade of experience utilizing his professional background in software consulting and technology to identify market trends and provide long and short trade ideas. David employs a combination of technical analysis and market psychology to capitalize on narratives for outsized returns. He also utilizes “Cash Management Discipline,” a simple trading style to hedge against the volatility of today’s market climate.He leads the investing group Active Investors Forum where he uncovers actionable trading and investing ideas nearly every day. Other features include: long and short swing trade alerts, daily macro analysis, weekly articles, and chat for community interaction and questions. Learn More.Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPCH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.