Low Volume - Cautious Market
Markets are in flux and there’s low volume. If history holds true we should experience the so called Santa Claus Rally. But nothing is for certain. We have geopolitical tensions, threats of government shutdown and fears that the tax bill will have a massive negative impact on the housing markets. Federal government operations are funded through Friday, and unless there is a deal to extend funding, services would partially shut down.We are watching very closely for the right opportunity but it is hard to identify in this market.