Jurrien Timmer at Fidelity Investments studied the two- and four year post-election returns of the S&P 500 SPX. If history is any guide, U.S. stock prices will experience extremely strong returns if ...

Tactically, the post-election melt-up can be explained by the unwind of trading hedges. It's difficult to tell how far it will run, but the market isn't overbought yet. So enjoy the party.