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Source: The @leadlagreport 

This post is to show you an overview of how the S&P 500 has grown and declined over the past 4 presidencies, starting with Bush Sr. (1989), and now currently, President Trump (2020) - respectively. Morale of the story: "Buy the dip was the by far the best strategy...Source: XForceGlobal

Weeks ago Morgan Stanley Chief Equity Strategist Wilsons said that long-term resistance in the S&P500 around the 3550 level would be very difficult to surpass prior to the outcome of the US election and passage of CARES 2. As he explains "this view was based on very strong long-term technical resistance going back to the late 1980s. "Then, just days later, the index quickly retreated for its first 10% correction in this new bull market, and while last Monday the index once again staged a valiant effort to break through, it was thwarted once again. Of concern to Wilson is that this second attempt occurred on less momentum, "suggesting the correction that began in September is likely not complete." Furthermore, the Morgan Stanley strategist also highlights the lack of a fiscal stimulus deal, election outcome/timing of final results, and second wave of the virus "as the primary headwinds to higher prices in the near term." 
So with both fundamentals drivers and technicals limiting stock upside limited, with so many uncertainties over the next month Wilson says that "another 10% correction from Monday's highs is the most likely outcome in the near term before this bull market can resume, at least at the index level." - source: www.zerohedge.com, Morgan Stanley, Bloomberg  

Despite SoftBank losing about $9 billion in market value at the time the "Nasdaq Whale" story was revealed, Masa Son literally doubled down its exposure to Tech stocks.  In its public filings, SoftBank disclosed holdings of "only" $3.9 billion in stocks such high beta tech names as Amazon, Alphabet NVidia and Netflix. However, it has since bought a lot more stocks. Curiously, according to Bloomberg, while focusing on major tech stocks, SoftBank has also been expanding to smaller companies. Last week, it invested $215 million in Norway-based Kahoot, which makes education software - source: Bloomberg, www.zerohedge.com 

Source: Crédit Suisse. Here's the link to the document: file:///C:/Users/monchac/Downloads/the-cs-family-1000-in-2018.pdf