Yesterday's rally may have been a snapshot of things to come as the market recovers longer term.

*No report tomorrow 3/26/25

Gene discusses using percentages to label the market in corrections or in a Bear market. 

The latest AAII Sentiment Survey, indicates a small change in sentiment. There is some movement from the neutral camp to the bullish camp. 

The Stock Market suspense of trading swings continue and are likely to prevail through much of this year based on the CBOE Volatility Index long term trend. 

*No report tomorrow 3/20/25. Report resumes on Friday 3/21.

Since late last week, the stock market's tone has shifted to a more resilient behavior. 

Gene talks about the recent AAII Sentiment Survey. 

Gene talks about The S&P 500 moving into correction territory. 

Typically it is not a sign of a healthy market when it it is highly reactive to day to day events whether those events are schedule economic reports or comments from the fed or the like. But this is the market condition we are currently facing, one that continues to react quite significantly to these day to day events.

Despite yesterday's high volatility, the CBOE volatility index did not move above the 30 level.

A number of boxes have been checked, making this an extremely oversold market.