Watch Out Traders for This Risk

It is becoming a tricky market environment, as no one wants to let gains slip away in the year's final days, but there is no inclination to lock in gains so far. The most significant risk is rebalancing action after the outsized move by small caps, but virtually every area of the market, as well as bonds, have had substantial gains, so there isn't an obvious reversal trade right now. While the market action is obviously positive, the challenge is finding entry points.