The tsunami wave of monetary and fiscal profligacy combined with an orgy of optimism about vaccinations and a post-COVID world, have sparked the broadest rally in the underlying components of the S&P 500 in history... (487 names on the S&P 500 Index have climbed above their 200-day moving average) Source: Bloomberg But it was Small Caps that dominated today (after collapsing yesterday). Nasdaq lagged but all the US majors were higher and thelast 30 mins saw the ubiquitous buying panic.. Interestin ... One of the men who died in the fiery Houston Tesla wreck that we have been reporting on over the last few days has been identified as 59-year-old Dr. William Varner.