Stocks closed mostly higher on Thursday (the last day of 2020), and higher for the week.
The Dow, S&P, and Nasdaq also made new all-time highs and closes to finish the year off on a high note! (Only the small-cap Russell 2000 finished lower for the week, but its winning performance in 2020 was impressive.)
Here's the year-end stats: the Dow was up 7.25% for the year; the S&P was up 16.26%; the Russell 2000 was up 18.36%; and the Nasdaq was up 43.64%.
Even more impressive was the rebound from their March pandemic-lows. The Dow rebounded 68.04% from their lows; the S&P rallied 71.36%; the Nasdaq jumped 94.35%; and the Russell 2000 surged by 104.39%.
No matter how you slice it, this was one for the record books.
And 2021 looks like it could be even bigger.
Q4 GDP is expected to come in at 10.4%. And full-year GDP for 2021 is expected to exceed 5% for the best annual growth rate in 38 years!
So it looks like there's a lot more upside ahead for the economy.
And a lot more upside to go for the markets.
So make sure you're taking full advantage of it.
One of the best ways to do that is to check out our Top 10 Stocks portfolio.
Given that last year it generated a 93.5% return (thru 12/18/20), which significantly outperformed the S&P -- just imagine what it could do this year as the pandemic comes to an end (thanks to the vaccines), and the U.S. and the world fully reopen their economies.
This is history in the making.
If you wished you would've traded the spectacular rally in 2020 better, now is your chance to do so this year.
Because we'll be releasing the picks for our Top 10 Stocks portfolio for 2021 today at 11:00 am ET.
Click here to be the first to see the new Top 10 Stocks for 2021.
Happy New Year,
