Markets were buoyed this week from apparent easing of trade tensions as President Trump suggested there may be another extension to the talks if sufficient progress is being made. Treasury Secretary Steven Mnuchin tweeted that the meetings with the Chinese side were "productive". Another shot in the arm for the market was the passing of a compromise funding bill which President Trump is expected to sign, averting another government shutdown.
We think the sharp rally since the beginning of the year suggests that 2019 will bring opportunities to hit singles rather than try to swing