Stocks are "back in the box," essentially flat for now. This sideways motion is a little disappointing, because I for one was hoping for a nice pile-on close to 20,000 that would have sent us on another leg higher.
I'm sure we'll get there eventually. Right now it's cabinet confirmation time; markets are sitting back and watching the show.
But so far, nobody and nothing has been able to rattle the market.
Every time stocks look like they've grown tired of trying to climb higher or look like they may even be struggling a little to stay flat, they catch a bid and hang tough.
I think that's a very good sign, but that doesn't mean there's nothing to do...
Tags:washington
To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer:© 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post How to Play the Markets Before Trump's Inauguration appeared first on Money Morning - We Make Investing Profitable.