market is stabilizing nicely today, looks like we bounced off the 200 DMA and now heading higher.
The brief period of consolidation on Monday was perhaps healthy as it took off some excesses caused by Trump’s ridiculous nonsense and now the market has had Trump fatigue so they can tune him out and we can focus on earnings season coming up driving the markets to recapture the old high and go higher.
The original forecast that most had was S&P 3000 by year end and that still looks likely given fundamentals.