Three steps and a stumble, might be a reasonable way to describe the stair-step advance of the last couple weeks 'if' the move soon runs out of gas and has a retreat.

For the new week perhaps some consolidation and then an effort to improve the market's tone; especially as the small-caps should be entitled to bounce.

Apple and Tesla were essential in leading the S&P to another record high yesterday. The day was iffy and these two gave the headroom for the rest of the market to gain energy.

Concerns are still with the market and there are broad S&P assumptions about renewed upward behavior. Maybe, but it will be mixed.

To achieve goals next year, you'll likely have people doing even a bit more aggressive selection; in what typically is called a 'barbell' approach.