Plus, OPEC plans to open its oil spigot a bit in January and Jerome Powell receives taper support from a few Fed cohorts.
Jerome Powell must be very worried about Omicron and the variant's ability to prolong inflation where it might have started to ebb.
Although the broader stock market indexes are mixed, with the Dow Jones Industrial Average up 20 points, or 0.1%, and the S&P 500 down 0.2%, market breadth readings are firmly bullish on the day. The number of advancing stocks are dominating decliners 2,276 to 920 on the NYSE and 3,087 to 1,159 on the Nasdaq, while volume in advancing shares is 79.5% of total NYSE volume and 72.1% of total Nasdaq volume. The Nasdaq Composite is up 0.1% and the NYSE Composite is rising 0.5%. Meanwhile, the bullis