Financial Fliers

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Another day, another screen full of green.

One by one, the “overhangs” to the market are disappearing. The last one, and by far the largest, is the China/US deal. All signals seem optimistic on that front, and no doubt there will be SOME kind of agreement put together in the weeks ahead.

One thing of aid to the bulls recently is that the financial sector burst out of a range it has been in for much of the year. This clears the way for a continued assault toward the highs last seen on December 3rd.