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Is this market bounce for real? A review of the evidence

Traders on the floor of the NYSE, March 18, 2022.
Source: NYSE

A roaring rebound rally in the last week that carried the S&P 500 up 6.1%, featured four straight 1% daily gains and recaptured just about half of the 13%-plus decline of the prior ten weeks raises one crucial question: Do dead cats bounce this high?

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