Nasdaq Tops 5,000 For First Time In 2016 - Best Streak In 5 Years

Having now rallied for 8 of the last 9 days, the Nasdaq Composite just broke above 5,000 for the first time since Dec 31 2015.

 

This is the biggest 9-day run in the Nasdaq since October 2011...

 

Yep - makes sense...