Market Forecast For December

The market made a new all-time high Friday. Here's what to expect the rest of the year.

PRE-OPEN MARKET COMMENTS MONDAY - I hope that all of you enjoyed your time off. In an abbreviated session Friday, the market made a new all-time high. I suggested last week that this was the most likely scenario and that risk favored the upside. No one wants to short when the market is at an all-time high and a breakout was likely to gain traction. This is a period of seasonal strength and Asset Managers like to "mark up" portfolios into year end.

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