As we’ve been discussing all year, we thought the markets would rally after the election. After the election, the month of November saw the S&P 500 appreciate approximately 11%. This was one of the best months in stock market history.
However, two things to watch are 1) short interest in the market is at an all-time low and 2) November saw a record amount of cash flow into stocks.
Nevertheless, we think 2021 looks like a potentially great year for the market.