The Morning Look
Market Update:
Stock futures are higher ahead of Tuesday’s open after the major indices hit fresh record highs. the first day of this holiday week. The stock market will be closed all day on Thursday (in observance of Thanksgiving) and close at 1pm EST on Friday.
Gary’s Thoughts: We offer no cold water except to say often, big numbers take a few times to get through…and all headlines are now about market. But no complaints.
Economic Calendar:
- Redbook 8:55 AM ET
- Existing Home Sales 10:00 AM ET
- Richmond Fed Manufacturing Index 10:00 AM ET
- 4-Week Bill Auction 11:30 AM ET
- 2-Yr FRN Note Auction 11:30 AM ET
- 5-Yr Note Auction 1:00 PM ET
Highlights:
- Trump Will Hit The Ground Running – Outlines Plans For Day 1 In YouTube Video
Gary’s Thoughts: Good! Cut taxes. Cut regs. Back to law and order. Back to backing the police. - Santa Trump rally? Bank of America expects the surge to ride through the holidays
Gary’s Thoughts: We will not argue but let the market decide..