The recent merger activity is bullish, this is a new flow of market risk appetite at current valuations.
It is early in the Q3 earnings season and the low expectations have been easy to beat, this could add wood to the fire. Nasdaq and RUT strong vs S&P 500.
AAPL will report tomorrow: The company launched its latest iPhone 7 phones in September, betting on largely incremental technology upgrades to lure more users into upgrading their phones. Investors will be looking out for its first-quarter sales forecast, which will give a clearer picture on how Apple expects iPhone 7 sales to fare in the crucial holiday shopping quarter.
Alphabet Thursday: Google has recently introduced a number of ad initiatives such as expanded text ads and map ads, as it looks to sustain momentum in face of increasing competition