Even though the prevailing view over the last few days has been that stocks simply won't go up ever again, today's 5%+ rally (as of 2:00 PM) has investors once again asking if this is the bottom. Before getting too far ahead of ourselves though, we would note that today's gain is the eighth one-day rally of 5% or more since the S&P 500 peaked in October 2007, and we're lower now than we were at the close of any of those seven other days.
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