Is the Stock Market Finally Bouncing Back?

The S&P 500 (SPY) managed to break through the important 4,000 level, which is great news for stock traders. Looks like we might be able to climb that wall of worry after all! How did we manage to turn things around after “the worst week” so far in 2023? Read on to find out.

(Please enjoy this updated version of my weekly commentary originally published March 3rd, 2023 in the POWR Stocks Under $10 newsletter).

Market Commentary

he past two days have seen a few positive catalysts that kicked things into a positive direction and pushed shares back above 4,000 (although we still have a ways to go before we retest the important 4,100 level).

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