From Forbes:

The fact that the global count of coronavirus cases crossed 10 million didn’t seem to matter for today’s market, which is significantly higher this morning. Housing data beat the estimates, pointing to an economic resurgence in the US, as pending home sales surged 44.3% in May compared to April. The U- or V-shaped recovery predicted by economists is definitely still in the cards. In addition, an approval of test flights on 737 Max by the regulators lead to a rally in Boeing Co., the primary driver for the move in Dow Jones Industrial Average. The strength of the rally will depend on how the indicators fare on Thursday, when the US jobs report is expected to be released, in the face of increasing coronavirus cases. Our deep learning algorithms have used Artificial Intelligence (“AI”) technology to identify several Top Buys today amidst this downturn.

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