SPDR S&P 500 (SPY)

[GuTA]

Thanks...that said feels a little tricky here near term imo.

Price could burn off or retrace a bit, but I think we head higher into year end. A few fundamental reasons I have for this are as follows:
- the added stimulus we’ve seen is real and jobs look to be rebounding better than expected. I don’t see them all back of course, but I wouldn’t count out a huge rebound.

-This brings me to my second reason: an infrastructure bill. I don’t see how we’ve needed one for years, we have seen cities destroyed and millions of jobs lost from C19 and politicians sit in their hands when a bill could fix much of this.

- Lastly, the COVID virus appears to be behind us and possibly overblown. Due to protests we’ve seen 10,000 super spreader events in 350 cities. If we don’t see a spike in the next 2-3 weeks I’m not sure how we ever could.

All these have me bullish... just my $.02