Last week we saw the worst weekly unemployment claim in history and the market barely wavered. Today we see a 1-day decline in new US cases and the S&P 500 rallies over 7%.

1.33 million people around the world have tested positive for COVID-19, and more than 25% are American. Investors and analysts are looking for the top of the COVID curve to better model and quantify the GDP impact.

It looks like we may have hit that top of the new case curve over the weekend. Slowing the pandemic's spread is the first of many steps in getting the world back to normal. Testing is going to be vital to ensuring that the virus does not reignite once quarantine is over.

Global cases have been slowing for the past 2 days, and the markets are hoping this will continue. The equity markets are yearning to recover back to new highs. All it needs is the world to go back to normal.

QQQ Quick QuoteQQQ - Free Report) %C2%A0%20(">(QQQ Quick QuoteQQQ - Free Report)   (SPY)  ((DIA Quick QuoteDIA - Free Report) )

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>