Last week the S&P 500 closed at a fresh new high while waiting for the stimulus package. The main street is suffering from the pandemic, yet the stock market doesn’t care. The stock market has made up its mind that it is a bull market no matter what!
Last week the market had a little pause while the virus has been ravaging the country. The stimulus uncertainty was another contributing factor that the market took a break. However, the selling volume has been really low, we can’t find active sellers across the board.
We hope everyone had a great and safe Thanksgiving Holiday! November was one of the best months ever for the market. The November rally broadened quite dramatically the small cap and mid-cap stocks. It was just a great month for the market. The market already had its Santa Claus rally in November.
