Ahead of the Holiday, Market Feigns Calm

It’s early Monday morning, and index futures look like they’re already slipping into a trance ahead of the Thanksgiving holiday. If there’s significant movement either way this week, seasonality favors the upside. While it’s doubtful there would be enough of it to get the S&Ps to my current rally target, we shouldn’t be surprised if there’s at least a sneaky attempt on non-existent volume.