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The wave of civil unrest, unlike anything this nation has seen since 1968, may still be going on, but you couldn’t tell that by watching the stock market as all major indices continue to push towards their pre-COVID-19 highs. There are certainly no shortages of explanations for the market’s continuing advance, the most popular being the hope that a rapid re-opening and government largess will blunt the recession, but we think a simpler explanation is always better. We think active traders are preparing themselves for a major market milestone that’s