The S&P 500 is now up more than 17% since its late March low, and it's 7% above its 50-day moving average.
The last time the Nasdaq was this far above its 50-DMA was in late 2009 in the early days of the post-financial crisis recovery.
Within tech, the semis continue to soar to levels not seen since the dot-com boom and bust of the late 1990s/early 2000s.
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The S&P 500 is now up more than 17% since its late March low, and it's 7% above its 50-day moving average. The tech-heavy Nasdaq 100 is double that at 14% above its 50-DMA!
