Ben Willis, managing director at Albert Fried & Co., says the market’s upward momentum could continue into the rest of the year and advises traders not to stand in the way of a bull market. Willis also weighs in on this week’s economic data after consumer spending climbed 0.5% in November, the most in five months, and ahead of tomorrow’s report on durable orders for November. Willis says while that report could have the potential to shake the market, it will come during a trading session with light volume given the Christmas Eve holiday. TheStreet’s Brittany Umar has details from the NYSE.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
