New Highs HGSI Doc Top Down Review 12.17.2017


Another week and another set of new highs on the broader indices.

Congress looks on the verge of passing the Republican tax bill and Trump may sign it as a XMAS present to corporate American.  Hopefully it will also turn out well for the average American consumer although there may be a little too much of an impact on SALT for those living in high tax states.

We continue in this bull run.  We are increasingly extended as the high jump has hit 100 on the E-Mini futures.  Yet, the market seems poised to go higher.

Please join me on my Top Down review.