Bears Get Shot Down Again

That sure didn't take long. With today's upside move the bulls were able to dust themselves off and wipe away Monday's sell-off.


These kind of dramatic reversals will only serve to embolden the bulls and put the bears back on defense. For anyone looking for confirmation that the rally is over, today's market action quickly shot down that view. While end-of-the-month games probably helped quite a bit, unless we see a quick pullback under Monday's lows, the bulls still have firm control.

-- Kirk Report