Why the Bullish Thesis Got Stronger
Why the Bullish Thesis Got Stronger: Start a free trial of The Sevens Report.
What’s in Today’s Report:
- Why the Bullish Thesis Got Stronger
- Weekly Market Preview: Does the S&P 500 Breakthrough 6,000?
- Weekly Economic Cheat Sheet: CPI on Wednesday, Important Growth Data on Thursday
Futures are modestly higher on post-election momentum and following a very quiet weekend of news.
Parts of the Trump administration are starting to come into view, most notably that Scott Bessent is looking most likely to become Treasury Secretary and the market views that as bullish.
Economically, there were no notable reports overnight.
Today is Veteran’s Day so trading should be quiet as there are no economic reports or Fed speakers, while the bond market is closed. However, there are important updates this week on inflation (CPI on Wednesday) and growth (numerous reports on Thursday/Friday) so the week will get busier.
Join thousands of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.
