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Stocks rallied to start the week coming off the indices closing at their lows the prior week. The action was choppy from there as a majority of the initial gains were lost Tuesday, Wednesday was choppy, and then some of the early gains were reclaimed to end the shortened week on Thursday. In all, stock indices ended the first quarter with some cushion after the troubling action last week. That cushion pushed the S-fund into positive territory for the first quarter while the C and I-funds remained ...

It was a schizophrenic type of day for stocks as the indices bounced between positive and negative territory all day. The Dow had been down about 130-points at the morning lows, then up 235 at the afternoon high, and eventually settled the day down 9-points. The Nasdaq continues to struggle, while the S&P 500 and small caps posted smaller losses.
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Stocks tried to follow-through on Monday's rally by opening strongly on Tuesday, but the rally started to fade by early afternoon, and a late push lower sent the Dow down 345-points by the close. The indices gave back a large portion, and in some cases all, of the gains made on Monday. The Nasdaq lagged and Nvidia, one of the recent market leaders, took a hit and that seemed to be the catalyst toward the close.
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Stocks opened the new week with an explosive rally - something that we don't normally see after a Friday like we had with the indices closing on the lows. The Dow jumped 669-points and the oversold indices gained 2% to 3% on the day. The question going forward of course is, does the recent test of the lows mark the low for this correction?

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Stocks completed an awful week on Friday with the Dow taking another 425-point hit. The week saw the S&P 500 fall nearly 6% as the quest to test the February lows is on. Tests of the prior corrections lows is common. What happens when the indices do reach those lows again is questionable. Breakdown or double bottom? Place your bets!
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