- The S&P 500 has set seven all-time record highs in a row - the longest streak since 1997. Last Friday also brought new highs to the once-struggling NASDAQ and Dow Industrials.
- For companies in the S&P 500, analysts now expect second-quarter profits to come in 64% better than those in the second quarter of 2020, which was admittedly badly handicapped by the COVID lockdown.
- A very strong second quarter is going against the weakest single quarter since the Great Depression due to our sudden national lockdown.
For further details see:
Is The Market Getting Ahead Of Itself?