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December 28, 2017

The Dow closed at another record high today and is on pace to close out the year with another winning week. If the index closes higher tomorrow, it would be another record close and mark the 6th straight week of gains, an achievement not accomplished since 1954. The Santa Claus rally has been somewhat modest, yet gains on the year have been impressive. Analysts believe 2018 to be strong as well but not as significant as 2017.

In the final trading day of the year, we may be looking at opening up some positions. The markets have been up week after week for over a month and may stall after reaching the 25,000 milestone. We'll keep you posted...