The Market Rally: Just Short Covering?
July 29, 2015 at 12:59 PM EDT
Investors are feeling pretty good, what with the S&P 500 up again today after yesterday’s big losing-streak-ending gain. But might there be less to the rally than they suspect? Strategas Research Partners’ Chris Verrone and Todd Sohn think investors should use some caution: Getty Images The S&P bounced sharply from the 200-day moving average yesterday, [...]
