The reasons the stock market will rise this week!

Ok, this is what you have been waiting for, the resons the stock market will rise this week. First, President-Elect Obama officially announces his economic team today. This will boost confidence. In addition, the government has agreed to guarantee the Loan portfolio of Citigroup to the amount of $300 Billion and added $20 Billion additional funds from TARP. It makes Paulson look ridiculous because he had said there wasn't a need to spend any more TARP funds and that the he was successful in stemming the financial crisis and calming down markets. He now has to eat his words. But that is a small price to pay for getting it right.

Also, reason this week will see markets rising is that this is Thanksgiving week, and the last thing Retailers want is to see the stock market go down just before Friday, the biggest shopping day of the Christmas holiday.

And finally, markets abroad in Europe are showing very positive gains in premarket action here as did Asian markets last night. The world is linked together more now than ever.

So sit down and watch the markets rise this week and hopefully see your portfolio a little fuller than it was last Thursday.