The market was up big at the open, then faded around midday, but regained its footing and rallied strongly into the close. The markets had their biggest percentage gains since October 2002. The S&P 500 surged +3.71% and the Nasdaq 100 gained +4.06%. Volume was also very strong, which is an encouraging sign.Now before you ask, "Is this the bottom?", let me just say-- maybe. You never really know when the final bottom is made until after the fact. Yesterday the S&P 500 declined and retested its January lows. So today’s [...]
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[Source: The Money Blogs]
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