The S&P 500 and NASDAQ have both reached all-time highs - Apple, Microsoft, Amazon, Facebook and Google as the largest contributors. Investors are excited. New coronavirus cases are declining and, with a shift to work-from-home, the housing market is booming. World stock markets continue their surge of positivity - making it four weeks in a row without a decline. This week coming, investors will be watching items like Consumer and Investor Confidence numbers, as well as more complete GDP data from the 2nd Quarter of 2020.
Global stocks are showing strength being well above their short (21-day), medium (50-day) and long-term (200-day) price averages.