This week the markets trended sideways as it digested earnings announcements and what a Biden administration will mean for both the economy and the stock market.

The events of the past week took some wind out of the sails as attention returned once more to politics.

I hope everyone enjoyed the holidays. As we turn the page, we have many things to look forward to and some challenges yet to be resolved.

As is normal this time of the year, things tend to slow down a bit between Thanksgiving and Christmas.

In lieu of sending this out on Friday, here is a mid-week pre-Thanksgiving email.

Needless to say, this week was all about the election. I’m sure there was company specific news, but it was drowned out by the tsunami of coverage of this historic election.

It was quite a week, but I don’t have to tell you that. The markets reacted negatively to the record number of reported coronavirus cases coupled with the breakdown of stimulus negotiations.

I wasn’t sure how this week would end given a host of news, that on its surface, was not very uplifting.

In case we needed a reminder of just how unpredictable the markets can be, this week the Dow Jones Industrial Average finished almost 1,000 points higher.

With the close of the third quarter, we are that much closer to being done with 2020. Where has this year gone?