Dronamraju Ravi Prakash

The presidential election was definitely decisive. The markets reacted favorably, but i wouldn't call it a rally. It had me wondering what is the reason for market being relatively flat. Don't get me wrong, overall the market is very strong, BUT, there was a small rally.

I was thinking if we should blame the upcoming fed meeting. But i think a 0.25% rate increase is baked into the market for a while and that shouldn't be what's holding the broader indices back.

Is it profit taking? Or do people still did not hear any compelling growth stories to invest in?