The Bounce Back

The S&P 500 is up to 1,927 this morning. The index has gained more than 100 points since last Wednesday. It’s interesting that the market has rallied strongly over the past four days yet many investors are wondering how much more we’re going to fall.

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The S&P 500 also broke above its 200-DMA. Right as people start debating the correction is often when it’s already over. The Volatility Index is down to 16.80. Last Wednesday, it was at 31.

Posted by on October 21st, 2014 at 10:52 am


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