The stock market continues to climb upwards, reassured by the apparent appeasement on the front of the Middle East geopolitical situation. We observed some acceleration of prices among big cap stocks, indicating that portfolkio managers are in a hurry to replenish their portfolios at the beginning of this year with big and well known companies. Our risk model is still very overbought and we continue to observe in the options market a high propensity among options traders to play the upside of the market by buying calls. The weekly investment survey among professional portfolio managers stands at the high of its historical range.