Stocks Open December With Gains as Bitcoin Breaks $100K Threshold

FS Insight Team

“Each second we live is a new and unique moment of the universe a moment that never was before and never will be again” ― Pablo Casals

Good evening, 

Stocks extended their gains for another week, with the S&P 500 and Nasdaq both notching fresh records. That was in line with Fundstrat Head of Research Tom Lee's and Head of Technical Strategy Mark Newton’s expectations for a December rally. 

Lee has seasonality on his side: since 1950, when the S&P 500 was up by...

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