Two weeks ago I delivered three lists of companies that analysts tipped had plenty of upside and a huge proportion of those have delivered since April 27 when they were put on show. Some have been bought because the upside was so huge; others because their industries have been challenged from the virus or the shutdowns. Some were bought because they were simply unfairly sold off when the uncertainties of the Coronavirus spooked the stock market and rattled money markets.
Government stimulus packages have helped stocks recover and central bank actions have given greater stability to bond and related markets that were thrown into fear when defaults from over-borrowed companies raised questions about usually very secure-looking operations.
This chart shows the extent of the market comeback for our S&P/ASX 200 Index.