With so much speculation in the markets it has been difficult trying to determine the overall direction. With unemployment at historic highs you would expect the markets to come down even more. But there have been many factors that seem to keep investors motivated. The opening up of the economy, fed interventions, and stimulus payments to people that have been hit hard.
As the country begins to open up in phases more buyers are coming back with interest in companies with strong fundamentals and adaptability to be profitiable in the new normal that will be.