I don’t have to remind everyone how bad the stock market has been over the past year and a half, but the last month has brought some welcome relief. Most major markets have seen 20-25% gains in just a few short weeks making it one of the shortest and strongest rallies since the 1930s. While it’s always nice to see the market moving up instead of down, what does the future hold?
You may have noticed my post yesterday that talked about the March rally in more detail and how some investors who have recently sold are now regretting their decision, but there’s still plenty of time for things to play out. History is no predictor of future results, so it’s very possible that this is just a strong bear market rally. On the other hand, it could end up being a turning point and we may not see last month’s lows again. I obviously don’t have the answer, but I wanted to follow up yesterday’s post with a poll to get the general sentiment. Are you sensing a true bottom, or is this just a blip that will be erased in coming weeks as markets plunge back to new lows? Let’s hear it!
[poll = 56]
Incoming search terms:
- has the stock market bottomed out yet
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Filed Under: Polls
About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and elsewhere on the web. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or Google+.