A strong week - last week - has been followed by a strong start to the week - today. Investors remain hopeful for additional stimulus and are shrugging off poor reports of Jobless Claims, which increased more than expected, and Credit Card Spending, which has been in significant decline for the last 6 months. This week, along with headlines focused on the Supreme Court nomination hearing and the upcoming Elections, markets will be looking at items like Small Business Optimism, Mortgage Applications, Jobless Claims and Retail Sales.
Based on our market research and price-trend indicators, Global Stocks are now at their healthiest level since early-September. With today's positive rally, markets are still looking strong.