Defensive Sectors and NASDAQ Are Leading The Market Higher

NASDAQ Is The Best Performing U.S. Index Prior to the COVID-19 induced market collapse, most major U.S. indices were making all-time highs (see Figure 1). Dow Jones Transportation Average (DJT) and S&P 500 Small Caps were two who did reach their respective highs that they made in October 2018.┬áThe February-March saw all indices to sharply…