<p><img src="https://static2.businessinsider.com/image/5ffeda08a8de7700187d38f1-2400/GettyImages-1230553398 1.jpg" border="0" alt="US President Donald Trump boards Air Force One before departing Harlingen, Texas" data-mce-source="Mandel Ngan/Getty Images" data-mce-caption="US President Donald Trump boards Air Force One before departing Harlingen, Texas"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p><strong><em><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell&hash=8122c716833601fc1471f79af063b104'utm_source=markets&utm_medium=ingest'utm_source=markets&utm_medium=ingest" target="_blank" rel="noopener">Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.</a></em></strong></p><p>1. <strong>Investors are shrugging off the likely impeachment of Donald Trump</strong>. <a href="https://markets.businessinsider.com/news/stocks/stock-markets-today-futures-rise-oil-nears-year-high-trump-2021-1-1029963342">Economic optimism is taking over and boosting stocks and oil - here's why.</a></p><p>2. <strong>Oil has recovered from the coronavirus shock of 2020. </strong><a href="https://markets.businessinsider.com/news/stocks/oil-price-rise-highs-output-cuts-saudi-energy-demand-stimulus-2021-1-1029963698">Take a look at what's driving the crude price to its highest in almost a year. </a></p><p>3. <strong>Own Tesla stock'</strong> <a href="https://markets.businessinsider.com/news/stocks/tesla-stock-price-analysis-howard-marks-oaktree-value-investing-market-2021-1-1029961178">This why billionaire Howard Marks says you should "absolutely cut back" on your holdings.</a></p><p>4.<strong> </strong><strong>Commodities are taking off right now.</strong> <a href="https://markets.businessinsider.com/news/stocks/metal-commodity-price-outlook-silver-platinum-outperform-gold-ubs-precious-2021-1-1029961646">Find out which two will outperform gold this year, according to UBS.</a></p><p>5. <strong>If you're a long-term investor, focus on cash-rich companies, not stimulus. </strong><a href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-investors-buy-cash-rich-companies-stimulus-jefferies-2021-1-1029961424">Here's why investment bank Jefferies believes the current profit cycle is unique.</a></p><p>6. <a style="font-weight: bold;" href="https://markets.businessinsider.com/earnings-calendar#date=12/22/2020&name=&countries=&eventtypes=103,99&tab=L">Earnings expected:</a> Markit Ltd releases quarterly results.</p><p>7. <strong><a href="https://markets.businessinsider.com/economic-calendar">On the data docket:</a> </strong>Monthly consumer price inflation data, along with the Fed's Beige Book, weekly government oil inventories and a 30-year bond auction are coming up. </p><p>8.<strong> Julian Klymochko wakes up at 4:30 a.m. to manage an ETF that seeks to profit from the SPAC boom. </strong>He breaks down <a href="https://www.businessinsider.com/spac-investing-strategy-arbitrage-ipos-to-watch-julian-klymochko-2021-1'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/spac-investing-strategy-arbitrage-ipos-to-watch-julian-klymochko-2021-1'r%3Dopening-bell&source=gmail&ust=1610614784723000&usg=AFQjCNE7lXUP5GtNelCuicdNVr9MXeKvEA">how the strategy works, and shares 2 new SPACs</a> on his radar.</p><p>9.<strong> Goldman Sachs expects sharp economic growth and higher inflation in 2021. </strong>The firm relays <a href="https://www.businessinsider.com/stocks-to-buy-50-under-owned-recovery-value-goldman-sachs-2021-1'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/stocks-to-buy-50-under-owned-recovery-value-goldman-sachs-2021-1'r%3Dopening-bell&source=gmail&ust=1610614784723000&usg=AFQjCNFbYGJs66lZ42ZKFryB6oQM4oHidQ">50 stocks in its so-called recovery basket set to take off</a> amid favorable conditions.<strong><br></strong></p><p>10. <strong>A leading Wall Street firm asked 7 famous investors about their favorite stocks and trades. </strong>Modern legends ranging from Bill Miller to Mario Gabelli <a href="https://www.businessinsider.com/cheap-stock-picks-from-investing-legends-bill-miller-john-rogers-2021-1'r=opening-bell" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url'q=https://www.businessinsider.com/cheap-stock-picks-from-investing-legends-bill-miller-john-rogers-2021-1'r%3Dopening-bell&source=gmail&ust=1610614784723000&usg=AFQjCNEewRqzwnmYsciRCvQzdPym2LycHQ">broke down what they're betting on now</a>.</p><p><a href="https://www.businessinsider.com/opening-bell-january-13-2021-1#comments">Join the conversation about this story »</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/what-if-jump-off-international-space-station-2018-6">What would happen if you jumped off the International Space Station</a></p>
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