Will Markets Deliver a Turkey? We think not!

The tax package is in trouble! Markets have struggled with the lack of assurances that Trump will successfully pass a tax package that will boost corporate spending. Some of that tax package hope has been the cause of the markets rise this past year since the election results. But now the markets are stalled because the tax package may not make it.

This week coming up with the Thanksgiving Holiday is traditionally a positive week for the markets. We think that will be true in the coming week and will help to run up the SPY alert we have outstanding.

We are also hopeful for what some have termed the Santa Claus Rally coming in December.