The Strength of the Market is: Strong
Economies continue to reopen. As of last week, only New Jersey remains restricted and Delaware, Illinois and D.C. have plans to reopen soon. With over 6 million cases of coronavirus around the world, financial markets have stayed optimistic as early stage vaccine trials are showing positive results. Widespread protests across America, rising tensions with China and potential risks of a COVID-19 second-wave should all be marked down on investors' watchlists.
Price-Trends Research is coming in positive as World Stocks are now above their Short (21-day), Medium (50-day) and Long-Term (200-day) trends.
Our 'Strength of the Market' view, since last week, remains: Strong