Stocks rose modestly on Wednesday after trading choppily in the morning as market participants continue to look ahead to the policy implication of the incoming Democratic administration. The S&P 500 (SPY) finished the day 0.25% up, the Nasdaq (QQQ) finished 0.68%, and the Dow Jones (DIA) finished 0.05% down. With the S&P 500 near-record levels, it seems market participants have largely looked past the recent political unrest in Washington and are looking ahead to the policy implications of the incoming Democratic Senate and Presidential administration. After last week’s riots at the Capitol building, the House of Representatives is preparing to vote later today over whether to impeach President Trump for the second time for “inciting an insurrection”. While there seems to be support for impeachment proceedings in Washington, some lawmakers have warned that the trial could pull focus away from President-elect Biden’s agenda in his first days in office. Under the incoming unified Democratic government, market participants and analysts are expecting that another large stimulus package will be passed in the not-to-distant future. The prospects for additional stimulus and the Federal Reserve’s commitment to maintaining its asset purchasing program has buoyed markets in recent weeks amid the surging coronavirus pandemic and the slow vaccine rollout. Federal Reserve Bank of St. Louis President James Bullard said during an interview with the Wall Street Journal, “We want to get through the pandemic and sort of see where the dust settles, then we will be able to think about where to go with balance-sheet policy”. Yesterday, the US reported its highest number of coronavirus deaths in one day with 4,327, according to Johns Hopkins University. In fact, the five highest daily tallies for new infections and deaths have all occurred in 2021, according to CNN, meaning the virus is spreading and killing faster now than at any point in 2020. According to Johns Hopkins University, over the past week, the US has averaged more than 3,300 daily deaths, a jump of around 217% compared to mid-November. Highlights Gamestop (GME) took off like a rocket today!After removal from Amazon (AMZN) Web Services’ servers and Apple (AAPL) and Google’s app stores, Parler’s CEO warned that the platform may not return.Apple Inc. is launching several projects to extend education and funding opportunities to minority entrepreneurs, part of the $100 million pledge it made in June to help combat racism in response to the national outcry over the killing of George Floyd.The judge overseeing separate lawsuits against Facebook by the Federal Trade Commission and a big group of states set a March deadline for the social media company to respond, according to a court filing on Wednesday.Jumia (JMIA) shares jumped more than 10% after Citron Research, a well-known short-seller boosted the company’s price target to $100. Stock is currently around $44.Ubisoft, not Electronic Arts (EA) will make the next slate of Star Wars video games.Startup Lordstown Motors Corp said Wednesday it is in advanced talks with the U.S. Energy Department seeking a government loan for $200 million to help pay for the costs of retooling a factory to build electric trucks.Youtube, which is owned by Google, becomes the latest social platform to suspend Trump’s account.AMD target raised by Piper Sandler from $100 to $110 at Overweight. Stock currently around $95.Anthem (ANTM) target raised by Argus from $300 to $380 at Buy. Stock currently around $335.Chewy (CHWY) target raised by Credit Suisse from $104 to $121 at Outperform. Stock currently around $104.Crocs (CROX) target raised by Monness Crespi & Hardt from $60 to $91 at Buy. Stock currently around $77.DaVita (DVA) target raised by Deutsche Bank from $105 to $150 at Buy. Stock currently around $124.Editas Medicine (EDIT) target raised by Wells Fargo (WFC) from $69 to $86 at Overweight. Stock currently around $75Lululemon (LULU) target raised by Morgan Stanley (MS) from $381 to $400 at Equal-Weight. Stock currently around $357.Marvell Tech (MRVL) target raised by Piper Sandler from $50 to $60 at Overweight. Stock currently around $50.NV5 Global (NVEE) target raised by Roth Capital from $82 to $132 at Buy. Stock currently around $92.LiveRamp (RAMP) target raised by Evercore ISI from $85 to $100 at Outperform. Stock currently around $84.Shake Shack (SHAK) with two target raises. Stock currently around $101.Piper Sandler from $78 to $110Loop Capital from $83 to $120 at BuyVisa (V) target raised by KeyCorp from $210 to $225 at Overweight. Stock currently around $209. “Opportunities are usually disguised as hard work, so most people don’t recognize them.” - Ann Landersvia a userTrade on T2BF