Deutsche Bank predicted the S&P 500 will finish next year at 8,000, representing a 17% jump from Friday's close.

Historically, December is the third-best month of the year for the Dow and S&P 500 since 1950, according to the Stock Trader's Almanac.

Deutsche Bank predicted the S&P 500 will finish next year at 8,000, representing a 17% jump from Friday's close.