Risk On: Monday's Market Forecast

Posted by TopstepTrader on December 04, 2017

At the moment, every stock futures sell off becomes more and more limited. On Friday, following headlines that suggested that turbulence may be ahead for President Trump as it relates to the Russia investigation, markets took a tumble. Then, news broke that ABC News got its sources and headlines wrong and the markets came back. 

Now, with markets excited about tax reform passing the Senate on Friday night, the S&P 500 ($ESZ7) has once again hit a fresh all-time high. 

Meanwhile, Crude Oil ($CLF8) is 1.2% on the trading session to back below $58 per barrel and Gold ($GCG8) has lost $4. 

To get you up to speed on all these movements, Senior Performance Coach John Hoagland runs down markets in today's market forecast.  

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Topics: Market Updates