All right, thank you, Kelly.

Welcome to Closing Bell, I'm Mike Santoli in for Scott Wopner.

This make or break hour begins with celebration already underway on Wall Street,

the S&P 500 climbing to within 1% of its 2023 high ahead of the Thanksgiving

holiday before just a mild little pullback here.

The NASDAQ 100 outperforming on the day despite a slight dip in

invidious shares after that company's stellar earnings report after the

closed yesterday. The 10-year Treasury yield steady just above a two-month low

we got a hot inflation expectations number at the University

of Michigan Consumer Survey, but bond market taking it more or less in stride as oil prices

sink on more supply concerns.

Which brings us to our talk of the tape.

After gaining more than 10% in under four weeks,

is this stock market rally getting overcooked?

Or can the market continue to feed off soft landing hopes and positive

seasonal patterns into December. Let's ask Bryn Tockington, managing partner

of requisite capital management and to see NBC contributor, Bry brin it's great to have you here

market seems in a pretty comfortable mode here

I guess the question is are we getting a little bit overbought is something going to come along to disturb things right here

we got through earning season it seems like GDP is tracking okay in the fourth quarter and

of course we have the the holiday week trading which has an upward bias.

Well Mike I mean we sure have had a big Santa Claus rally well before Santa Claus is even coming down the chimney

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