The market opened flat this morning, but the S&P is on pace for its best August since 1984, 7.2%   September is historically the worst month for the market, however, not on an election year. There is also exciting news about big earnings, Fed stimulus, vaccine coming soon, and maybe fiscal stimulus   Gap, your typical clothing store, made a pivot to masks and that cashed in. It resulted in $130 million in its cash registers. Gap’s brands Banana Republic and Old Navy have them stocked in their stores in either bulk or individual.    A Chief Executive at Gap said that the No. 1 search result on Google for “face mask style guide,” is Gap. She said Gap growing their business is “the ultimate example of how we want to operate as a culture.”   Gap itself as a stock has been junk, but back in June it had a huge ~15% jump to $13, which we forget originally why, but it has continued to grow to $17 a share. Look for continued growth up to $20 a share.  |