Stocks up 7.3% in Big Week; Potential for 10% Rally into YE

After notching four consecutive days of gains, the S&P 500 took a well-deserved break and finished flat on Friday, leaving a massive 7.3% weekly rally intact. I consider this a huge win, especially in the face of a still undecided election outcome. Since the start of this rally at the end of October, we are now nearing the September 2020 highs around 3,580. And I see further upside into year end. More on this below.

As for COVID-19, the spread continues at an accelerating pace. This week...

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