Weekly Updates: Tech Stocks Rebound Strongly, Bull Trap or Bottom?
@TigerObserver:
After declining for three weeks in a row, the major U.S. stock indexes regained their footing, with the $NASDAQ(.IXIC)$ surging more than 7%, the $S&P 500(.SPX)$ adding more than 6%, and the $DJIA(.DJI)$ rising more than 5%.The results marked a near mirror-image reversal from the previous week, when the S&P fell into a bear market as it tumbled more than 20% from a recent high in early January.As of last friday, the Indexes and Market weekly and YTD performances are as below: $S&P/ASX