STOCKS HAVE ANOTHER STRONG DAY -- S&P 500 NEARS TEST OF 200-DAY AVERAGE -- ALL ELEVEN SECTORS ARE GAINING -- SMALLER STOCKS SHOW STRONG GAINS

STOCKS CONTINUE RALLY MODE... Stock prices are trading sharply higher again today.  Chart 1 shows the Nasdaq Composite Index ($COMPQ) trading at a three month high.  Chart 2 shows the S&P 500 nearing a test of its 200-day moving average.  Chart 3 shows the Dow Industrials nearing a test of its April high.  Smaller stocks are gaining more than larger stocks.   All eleven sectors are up with leaders in energy, industrials (led by airlines and rails), financials (led by banks), technology (led by semiconductors), and Communication Services (led by Internet stocks).  Stocks appear to be reacting positively to increased signs that the U.S. economy is reopening for business.