Gains continue a rally that has driven the stock market up 44 percent since its March 9 low, including an 11 percent gain in the last two weeks.

It's important to notice that the Dow manage to cross its 50-week moving average for the first time since late 2007 (see chart above). The S&P500 has a similar chart and it has crossed its 50-week m.a. for the first time since late 2007

No comments:
Post a Comment