After a brutal March wrecked an 11-year bull market, there seems be little doubt on Wednesday that equity markets in the U.S. are returning to bullish form after being rocked by COVID-19. That at least applies to recent gains for the technology-laden Nasdaq Composite Index, which is on the brink of topping its Feb. 19 all-time closing high. As of Wednesday afternoon, the Nasdaq COMP, +0.77% was about 1.4% from its February all-time high at 9,817.18. On top of that, a bullish ‘golden cross’ has formed in the index, where the 50-day moving average rises above the longer-term 200-day line, with this relatively rare ... (full story)