Stocks traded roughly even today, with a significant dip near the middle of the day, as market participants continue to focus on the policy implications of the incoming Democratic administration and the consequences of last week’s riots at the Capitol. After the Democrat’s election victory in the White House and Senate, market participants are trying to assess the path forward for the market. Under the unified government, the passage of additional stimulus to combat the still-surging pandemic is likely. Analysts at Credit Suisse have set a 4,100 target for the S&P 500, implying around 10% upside in 2021. However, in the near-term, a number of analysts expect volatility in the market. ClearBridge Investment Strategist told Yahoo Finance, “I think the markets are a little extended,” he added. “It wouldn’t surprise me if you saw a little consolidation here over the next couple of weeks, somewhere in the 5% range. But I do think that this is going to be a buying opportunity for a ... very strong economic growth picture you’re going to see in 2021.” Today, in response to the riot at the Capitol last week by supporters of Trump, the US House of Representatives are initiating impeachment proceedings and are calling on Vice President Mike Pence to invoke the 25th amendment to remove Trump from office. Invoking the 25th Amendment would allow Pence and a majority of the Cabinet to vote to remove Trump from office due to his inability to "discharge the powers and duties of his office" -- an unprecedented step. Pence has so far given no indication that he would take that action. House Speaker Nancy Pelosi has called on Pence to respond within “24 hours”. In the impeachment resolution, likely to be discussed tomorrow, Trump is accused of “inciting an insurrection.” “We have to be very tough and very strong right now in defending the Constitution and democracy,” said Rep. Jamie Raskin, D-Md., an author of both pieces of legislation, in an interview. Shares of internet companies continue to be under pressure following reports that many of these companies, including Facebook (FB), Snapchat (SNAP) and Twitter (TWTR) banned President Donald Trump’s account. Over the weekend, Twitter permanently banned Trump from their platform, saying in a statement “After close review of recent Tweets from the realDonaldTrump account and the context around them we have permanently suspended the account due to the risk of further incitement of violence.” Apple (AAPL) and Google removed conservative social media platform Parler from their respective platforms, citing inadequate content moderation policies and Amazon (AMZN) said it would no longer host Parler on its web hosting services. In response, Parler sued Amazon, alleging that Amazon Web Services kicked the company off its cloud servers for political and anti-competitive reasons. As of now, Parler remains offline. **Highlights** * The rally in oil continued, with the price of a barrel reaching $53. * New York state expanded its eligibility requirements to allow individuals aged 65 and older to receive the COVID-19 vaccine, effective immediately, Governor Andrew Cuomo said in a tweet. * FuboTV Inc. is buying an online sportsbook, a deal that makes the over-the-internet TV provider the latest sports-rich media company to invest in sports gambling in an effort to attract and retain viewers. * General Motors Co. is launching a new electric-truck business geared toward delivery services, the latest in the company's efforts to commercialize battery technology it is developing in-house. * Shares of Snapchat (SNAP) traded higher after reports suggesting the company was acquiring StreetCred, a location data company. * Chief Minister of Karanatka, B.S. Yediyurappa, announced on Twitter that Tesla will start operations of an R&D unit in Bengaluru, Karnataka. This will be Tesla's first operations in India. * Dozens of big U.S. companies have suspended political donations in the wake of the deadly Capitol riot, with many saying they would stop supporting Republicans that objected to the certification of Joe Biden's victory over Donald Trump. * AMD target raised by Wedbush from $100 to $110 at Outperform. Stock currently around $97. * Facebook (FB) target raised by Cowen from $330 to $340 at Outperform. Stock currently around $250S. * Fiverr (FVRR) target raised by Citigroup from $185 to $270 at Buy. Stock currently around $250S. * Alphabet (GOOG) target raised by Cowen from $1900 to $2200 at Outperform. Stock currently around $1750S. * GrowGeneration (GRWG) target raised by Craig Hallum from $35 to $65 at Buy. Stock currently around $51 * Goldman Sachs (GS) target raised by JMP Securities from $285 to $320 at Outperform. Stock currently around $300. * Snapchat (SNAP) target raised by Cowen from $45 to $62 at Outperform. Stock currently around $55. * Teladoc (TDOC) target raised by BTIG Research from $240 to $260 at Buy. Stock currently around $228. * UltraClean (UCTT) target raised by Craig Hallum from $42 to $47 at Buy. Stock currently around $39. * Zscaler (ZS) target raised by Needham & Co. from $215 to $240 at Strong-Buy. Stock currently around $205. “Be not afraid of growing slowly, be afraid only of standing still.” - Chinese Proverb