Financial stocks are rallying Tuesday. Is this the start of the market bottom — or merely a bear-market rally?
Frederic Dickson, chief market strategist at D.A. Davidson & Co., and Jack Ablin, chief investment officer at Harris Private Bank offered their insights to CNBC.
"We continue to see this as a bottom-formation play," said Dickson.
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He doesn't believe the full market rebound will happen until a certain condition is met: "We're looking for improvement in the credit markets." He augured small positive "trickle-in effects" from the Obama administration's stimulus plans giving the markets a small lift in "April and May."