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?

More In Santoli on Stocks

CNBC ProSantoli: Markets are marinating in macro anxiety thanks to not-so-great economic data
CNBC ProSantoli: The S&P 500’s first-half slump may not be as rare – or as scary – as all the talk suggests
CNBC ProSantoli: Stocks are in the 'prove it' zone as traders gauge latest inflation expectations data