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STRATEGY: Marketing ending the tumultuous election weeks on a good note...
Today (Thursday) is D+2 after 2020 election day, and markets are ending this week on a very good note. Equity markets have continued the rally that started on 10/30/2020 (see below) and we are nearing the September 2020 highs.
- given the outcome of the 2020 election is still undecided, I consider this a huge, huge win!
We have written exhaustively about why the "epicenter stocks" (aka cyclical tilt) post-election day was the most logical (both under a Biden and a Trump win, and even contested). But consider the timeline shown below:
- into YE, rollover Europe COVID + fiscal stimulus = epicenter leads
- into 2021, vaccines/therapeutics + US COVID-19 wave 3 ending = epicenter leads
Source: tireless Ken
Thus, we think epicenter stocks still make the most sense into YE.
STOCK LISTS: BIDEN VS TRUMP
23 “Biden White House” Stock ideas (*)
Tickers: GRMN, UEIC, AAN, RH, BKNG, EXPE, HOG, NEM, RGLD, JOE, PSB, WRE, JBGS, OPI, AIV, CPT, SAM, WBA, CCRN, CVS, AVNS, VIVO, LMNX