This Time May Be Different as U.S. Stocks Eye Back-to-Back Gains

(Bloomberg) — The best day for at least one U.S. stock gauge since the Great Depression has strategists mulling the chance of further gains.American shares haven’t enjoyed a two-day rally since Feb. 12, and the last three surges of more than 5% in the S&P 500 Index were immediately followed by equivalent losses. But with a record surge of stocks trading on an uptick at Tuesday’s open and activity heavily skewed toward winners, Sundial Capital Research Inc. is hopeful this time could be different.“The buying interest and close at the highs on Tuesday could be enough to finally change sentiment …read more

Source:: Yahoo Finance


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