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First of all, a Happy Veteran’s Day to all those who served! Thank you for your sacrifice and example!
The markets gave us a little chance to breath after the incredible action on Monday. A small bit of sanity returned after the news of progress on a vaccine for COVID-19 was announced just before the markets opened the week. Yesterday, the markets showed a little restraint, with both the QQQ and SPY closing the day not far from where they opened. Today’s price action may set the tone for the next couple of weeks.