U.S. stock market climbing a wall of worry

The U.S. stock indexes are now in near-term price uptrends and have hit multi-week high as the bulls have gained good strength. The historically rocky months of September and October have come and gone and now the bulls are eyeing a seasonal “Santa Claus” rally in the U.S. stock market. There are still economic and geopolitical concerns for equities traders, but veteran market watchers remember the old trading adage that the stock market likes to “climb a wall of worry.” Stay tuned! Jim Wyckoff