The Nasdaq Composite and Nasdaq 100 made all-time record highs this week.
Massive government intervention.
Many Nasdaq companies are well positioned to help us get through the pandemic.
The chart below illustrates how much of the COVID-19 induced waterfall (i.e. a longer crash) has been retraced.
For example, a value of 100% means that the stock index is currently trading at its pre-pandemic peak.