| 2 Ways to "Play" Stocks in December  Stocks ripped higher this morning as all three major indexes enjoyed big-time, bounce-back gains. The Dow, S&P, and Nasdaq Composite rose 1.4%, 1.8%, and 1.7%, respectively.
Small caps saw the biggest boost, though, as represented by the iShares Russell 2000 ETF (NYSE: IWM), which jumped 2.2% shortly after the market opened. Does that mean the “transitory tantrum” is already over? Yesterday, Powell shocked bulls when he said it was “time to retire the word transitory regarding inflation” and that the “threat of persistently higher inflation has grown.” The icing on the bearish cake came only a moment later when Powell added: “At this point, the economy is very strong, and inflationary pressures are higher, and it is therefore appropriate in my view to consider wrapping up the taper of our asset purchases […] perhaps a few months sooner. I expect that we will discuss that at our upcoming meeting.” Stocks unsurprisingly scorched lower in response. But today, everything’s up again. Yesterday’s losses have almost entirely been erased. And, like over much of the last year, dip-buyers may have another huge opportunity on their hands. Many analysts thought so, too, including those who had reservations about another rapid selloff in the coming days. (...continued below...) | 
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