2009 Mid-Year Stock Screen Review: Is a Market Rebound in Progress?
To say that investors have been pummeled by the stock market over the last year-and-a-half or so is probably putting it a bit lightly. After seeing the broad market indexes fall in excess of 30% or more last year, many investors were casting an apprehensive eye toward 2009.
Thus far, however, it appears that the market is finding its footing, if not staging an actual reversal. But some market watchers still warn that we are merely in the midst of the “bear trap” rebound.
Only time will tell whether we are experiencing a true turnaround, or if the market is merely taking a breather before resuming its downward march. Through the end of May of this year, the S&P 500 is up 1.8%.
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