Stocks have nicely bounced from recent bottom. The key ingredient being the lowering of bond rates that was starting to crush the soul of stock investors.
Not only have we found bottom, but the S&P 500 (SPY) is back above key technical levels (50/100/200 day moving averages) that point to more bullish upside ahead. Also helping matters is the positive bias for stocks during the holiday season...what is typically called the Santa Claus rally.
