September 13, 2017 — OLLI has a long breakout setup with a squeeze forming. - Simpler Stocks

The major indexes enjoyed another run up on Tuesday, which, following a mid-morning challenge by the bears, persisted into the final hour. Positivity stemmed from Treasury Secretary Steven Mnuchin's “hopeful” comments that tax reform would be implemented by the end of the year. Also contributing to the overall bullish undertone to the day were the moderated outlooks for both Hurricane Irma’s damage and tension between the United States and North Korea. Investors will be closely monitoring any additional commentary on tax reform progress, which would probably be a positive catalyst for stocks.