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]
Author: Jeremy Vohwinkle
My name is Jeremy Vohwinkle, and I’ve spent a number of years working in the finance industry providing financial advice to regular investors and those participating in employer-sponsored retirement plans.