It has been a wild wild time in the stock market. We had a big downward movement in the stock market since Jan and we have had an incredible turnaround since last week. A big contributor to this turnaround was the US Federal Reserve cutting interest rates by 75 basis points. It looks like we may have hit a short term bottom for now and the stock market may head higher from here. For Active traders, we'll ride the uptrend as high as possible and get off when the trend ends. Happy Trading!!!
