From Dow Jones & Company:

• The U.S. stock market’s year-end rally appears intact with funds on a “beta chase” to preserve performance bonuses ahead of their Dec. 31 incentive fee calculation dates.
• Small-cap stocks are showing upside breakouts during a seasonally positive period, signaling a bullish forecast and the potential for a stampede of Fear of Missing Out (FOMO) investors.
• Bitcoin is continuing to rise, indicating strong market activity, even though the analyst is a cryptocurrency skeptic, and the underpinnings of the Santa Claus rally look solid.