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Stocks were mixed this week with low volume trading and low volatility. Large caps were up slightly while small caps pulled back amidst the anticipation of the tax cuts. Debatably, the tax cuts may already be priced in but the fear of being left out of a potential rally sparked from a tax cut deal is keeping traders from selling. However, reason to buy seem to be diminishing and the potential for a 'sell the news' reaction could have them leaning the wrong way when an announcement is made. Perhaps ...

Light volume trading and very tight trading ranges continue during this normally more volatile month of October. Those numbers that are red below mean stocks were down - just in case you forgot. It's been a while since we've seen them.

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Stocks ticked higher again on Wednesday after some early selling gave dip buyers another reason to do their thing. The Dow gained 42-points, or 0.18%, with similar minor gains in the other major indices. The tax cut talk is keeping the bears away, so despite some overvaluations in this extended market, apparently not many are willing to sell until this is resolved.

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Stocks opened higher on Tuesday but drifted lower for most of the morning before stabilizing and grinding higher into the close. The Dow gained 70-points on the day with modest to moderate gains in most indices. The share prices below include the action in the stock market on Monday, when the TSP was closed and stocks were down, so it's the total of the two days.

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Stocks were down slightly on Monday but because of the holiday, the bond market was closed as were many banks so it was a very light trading day for stocks. The Dow ended the day down 13-points after similar slight losses on Friday as well.
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