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After a strong day that put both the SPY and QQQ at new all-time highs, Monday’s open is poised to be even higher. We’ve seen this pattern several times over the past few months: multiple days of new highs followed by a 2-3 day pullback. Perhaps this is the time the highs keep going for a couple more days, perhaps not. Regardless, we’ll continue to look for value as earnings and a stimulus package drive the market.
Tuesday: TWTR, CSCO, FISV, LYFT
Wednesday: GM, UBER, CME, MGM, UAA
Thursday: PEP, DIS, KHZ, DDOG