It seems the market just keeps on chipping away at higher levels here in recent sessions. 

Recently I upwardly revised my target for the Dow support to the 28,500 level. 

Gene Peroni Daily Podcast: The stock market might not always be spot on predictive, but I think it generally gives a pretty good lay of the land. 

We’re down to the remaining weeks of 2020 and we’re seeing more forecasts about 2021 – which for the most part are optimistic about the stock market and economy. 

Could the VIX break into the teens and maybe even test down to its baseline from earlier this year around the 12-13 area? 

Unless there’s a dramatic development between now and the end of the year, the DJIA will remain the lagging major market index. 

Sometimes trying to decipher the market’s behavior on a day-to-day – if not hour-by-hour – basis can be a frustrating task and not significant in revealing the real opportunities and underlying trends. 

The DJIA on track to be the best of the major indices in terms of performance for the month of November – could be the best November since 1987. 

Wednesday’s rotational behavior seemed to favor the stay-at-home theme and momentum stocks generally with the Nasdaq gaining. 

Another milestone reached with the Dow’s passage of 30,000 is no small feat.