T.A S&P 500 for Monday:Putting partisanship aside, Biden's victory today could boost European stocks as they see Biden as friendlier to NATO & to the EU & UK. Plus stocks in China & Far East could be higher in hopes that the tariff war with China will ease and China prefers a POTUS that isn't so unpredictable in trade talks. If so, the S&P, Dow & espec Nasdaq, could rally early for the upcoming week. U.S. mkts could get parabolic fairly soon if they spike up as they are starting to approach overbought as seen by stochastics & RSI. OTOH sometimes mkts can stay overbought longer than expected, with only small pullbacks. Mkt has approved of the split govt this week in rallying: Dem POTUS & Repub majority in Senate. Remember a gap remains about @ 3385 to 3975, so if the mkt turns back down later to 3425 or 3400, that gap could get filled, but for now, the ST trend is up. A test of ATH of 3588 seems likely in the weeks to come, espec if megacap growth or disruptive growth regains leadership.