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In Wednesday’s Total Wealth,I explained how there is no comparison between the 1999 rally that led to the Tech Wreck of 2000 and the 2020 rally that’s getting ever more irrational.

Of course, there are valid comparisons.

And you need to watch a few equity bellwethers to not get your head handed to you financially, and better yet, to profit from in months ahead.

Don’t worry, be happy.

The roaring tech rally of 2020, courtesy of the Great Lockdown, courtesy of COVID-19, is nothing like the roaring tech rally of 1999 that led to the Tech Wreck of 2000.

At least that’s the investing narrative making the rounds now.

The story is, everywhere comparisons are being made between the irrational exuberance that led to the Nasdaq Composite crashing 50% in 2000 and the tech rally of 2020 where five stocks have led millions of investors up the yellow brick road, is that there is no comparison.

I beg to differ…

Ever wish for an “endless summer?”

Of course, you have.

Ever wish for an endless stock market rally?

Of course, you have.

Well, at least one of your wishes has come true.

Now here we are again, facing the end of summer and wondering how many more days, weeks, months, quarters, years, decades the market’s going keep on rallying.

I’ll save you the wondering, the answer is the market’s going to keep on rallying. Until that is, one, or two, or three things happen, either by themselves, but more likely, in conjunction with one another.

Here’s what they are.

The polls and the pundits had it all wrong in 2016. They said Donald Trump had no chance of winning the election, and if he did, the stock market would crash.

So much for polls and pundits.

With Joe Biden now ahead in almost every poll, investors are wondering if stocks will keep rising if President Trump wins reelection.

The short answer is, “yes,” markets will rally.

Just when you thought you knew what to expect in a “Convention” to nominate a party’s presidential candidate, along comes Alexandria Ocasio-Cortez (aka AOC) and says what almost no one expected her to say at the virtual 2020 Democratic National Convention.

In her 90-second speech Tuesday evening, she didn’t mention the Convention. She didn’t mention Joe Biden.

After endorsing what sounded more like the platform Bernie Sanders would champion, she seconded the nomination of, Bernie Sanders.

You read that right. Bernie Sanders, not Joe Biden.

And while I did promise you Monday to talk about the three stocks that you should buy if Biden wins the election, we have to dig a little deeper first into AOC’s speech, why she seemingly upstaged Joe Biden with Bernie Sanders’ rhetoric, and what it means for those three stocks.

Let’s dive in…

The upcoming election is going to change all our lives, not just because it will determine who the President is going to be, or how divided or united Congress is going to be, moreover because whatever the outcome is, there are going to be huge winners and losers in the economy and the stock market.

And being on the right side of all the opportunities ahead of us will truly be life changing.

While it matters who wins and who loses, to a lot of Americans, what matters to me is what’s going to change and how to position ourselves as traders and investors to make money from what will and won’t change, depending on the outcome of the election.

Here’s what the outcomes could be and how markets and sectors will move initially and longer-term.

The news cycle this year has been crazy, crazier than ever, and this week was far from an exception. The new coronavirus updates coming from the CDC, claiming we’re seeing the “biggest fall, from a health perspective,” EVER and “sleepy” Joe Biden announcing Senator Kamala Harris as his running mate, were only the tip of the news iceberg.

I’m not going to talk about either of those things, at least not right now.

So far this year retail bankruptcy filings total 43, according to S&P Global Market Intelligence.

That’s only 5 fewer than the 48 bankruptcy filings by retailers in 2010, the worst year for retail during the Great Recession, and we’ve still got four and a half months left in 2020.

There could be dozens, or hundreds, more bankruptcies by the end of this year. I say hundreds because according to S&P Global in 2008 a whopping 441 retailers filed for bankruptcy.

Here’s what’s happening behind shuttered and reopened stores to demand, to supply chains and vendors of apparel companies; and who’s going to make it and who’s not.

What investors, analysts and retailers call the Amazon effect, I call the “Amazonation” of retail, of America, which happens to be just the tip of the “Retail Ice Age.”

Bricks and mortar retailers in the U.S. were just starting to come to grips with their own self-inflicted mistakes when Amazon.com Inc. (NasdaqGS:AMZN) shone an even brighter light on an even bigger mistake they were making.

Now, retailers are facing an even more deadly existential threat to their bricks and mortar as well as their online existence, no thanks to the coronavirus…

Because it’s my nature, and because it’s prudent, and because sometimes reality bites, for the last couple of months I’ve typically interspersed my positive assessment of equity markets and forecasts why they’re going higher, with negatives, citing pitfalls, white, gray, and black swans all around us.

Still, the forecasts have been bullish.