 jump this morning as Americans head to the polls today. The S&P 500 gained 2.3% in morning trading heading for a second straight gain. The stock market has spent most of the year trying to recover from the economic fallout of the pandemic and now faces a potentially contentious election. Here's a live look at the big board right now. Up about 2.5%. Let's bring in Melissa Armo. She's the founder and owner of the Stock Swoosh. Melissa, it's great to see you on this election day. So walk us through what these numbers mean. I was talking to a friend of mine who's an analyst at a big Wall Street firm and he suggested that the market is predicting a calm election, not a contentious one, with a winner that makes a clean victory. What are you hearing? Are you there? I am, Melissa. Can you hear me? Yeah, I can hear you. I lost you for a second. As far as the election goes, I think the market is going to be very unhappy if we don't have an answer within the next 24 to 48 hours and I think that we could see a lot of volatility if we don't. If we do find out who wins, let's say Tuesday night, Wednesday, Thursday morning, the latest, I definitely think you're going to see a big reaction from the market. Whether it's up or down depends on really who wins. Now, as far as the overall trend of the market, I think the overall trend of the market is going to remain bullish no matter who wins. The market for most of the life of the market is always in an uptrend, but I think the selling that we saw in the last few weeks, not today, we're taking profits because they were being cautious. The market has had a nice run up here since the stream volatility going into the end. So a number of analysts caution against making drastic bets on the stock market post-election. Do you agree with that advice? I would wait, to be honest with you, and I'm very, very cautious until the market gets close to the highs. I mean, that's very conservative, but to be honest with you, that's really what I'm looking at. So even if we were up today, even if we rally tomorrow, even if we get an answer tomorrow, I want to see more follows who are breaking out. So that would mean really getting up and over the highs. Otherwise, we still might fall. And why am I saying that? And this is regardless who wins. Because many businesses are still, the Congress has not passed a stimulus bill. I'm thrilled that the numbers were a lot better last week. GDP was better than expected last week. The unemployment claims finally got under that 800,000 number last week. All of that is good. But I think the problems that you're seeing in Europe with the shutdowns could affect the U.S. And again, it doesn't matter who wins. We don't want to shut down again. The Labor Department, Melissa, is also releasing its job report for October on Friday. What do we expect to see from that? Looking for a number that's under eight percent, which would be great. I think if we could get any kind of strong numbers that you could see at the nice rally on Friday, because if we don't know who wins the election, I don't see people jumping back in long this market or any particular legal problems. What if this goes on? Some of the states are allowing people to mail in ballots even today. And they're counting, I think, through November 10th. The market really wants an answer on the unemployment numbers on Friday are going to be awash, even if they're positive, if we don't know who's president. And I want to say one thing about Pennsylvania, because that has been in contention and it's neck and neck with Trump and Biden in Pennsylvania. There's a group of voters in Pennsylvania. There's an Amish and Mennonite community. They typically don't go out and vote. Something that people really have encountered because some of them don't have electricity and they haven't been polled. It's a huge group of people in Pennsylvania that no one knows how they're going to vote talking about that depending on which way they vote. That's a really interesting story that you're right. I mean, I don't think we've talked about that at all. Listen, Melissa, before we let you go, I know we've been talking about the impact of the election, but you did mention COVID and that we don't, you know, investors don't want to see a mass shutdown again. But we're looking sort of across the pond at what's happening in Europe. And we've kind of been watching Europe to see what could be happening with us. I'm wondering how much investors are looking at Europe and factoring that in when they're making their decisions. Well, that was part of the reason why you saw the big sell-off last week. We sold off last week once they announced that they were shutting down. And in Germany and France and there are certain specific areas over there in England as well, that would just be devastating to certain groups and certain sectors. One of them would be airlines. Boeing is up today with the market, but that looks still really weak to me. The earnings were not good on Boeing last week. A lot of these airlines are ready to announce, this was back two months ago, that they're going to have more layoffs by the end of the year if they don't get more stimulus money. A chance that we could get a stimulus passed before the end of the year. Let's say Trump loses and Biden wins. It's going to be like a lame duck session and I don't know if Congress is going to pass a stimulus before the end of the year. Then you're going to see more layoffs with certain of these sectors, and they will drag down the market because Boeing affects the Dow because you remember there's only 30 stocks in the Dow. Boeing is a big one in there. And if that sells off more, you're going to have the Dow drag off more. And again, it's all going to kind of go together. And don't forget one more thing. January 1st, that deadline is looming out there for people that have pushed back on the evictions. So like in New York, the evictions were pushed off and all the people that are, let's say they don't. Well, there's going to be a lot of people out on the streets that don't have any stimulus money. They're kicked out of their homes or kicked out of other apartments. I mean, this is devastating to some people. And so that is less than two months away and less than want to push the date back again. Yeah, that's all, you know, important things to remember to wrote for us to remember. And I know that, you know, for a lot of landlords, you see, have their builds mounting. They've already sort of put in those requests for evictions. And they're just kind of waiting for, you know, the courts to start start firing up again. Melissa Armo, thank you very much. Thanks for having me.