S&P 500 ETFs’ Rally Over 200-Day Average Opens Door to Year-End Rally
October 28, 2011 at 15:09 PM EDT
S&P 500 exchange traded funds’ 20% bounce from the October low and a move above the 200-day moving average has lifted optimistic expectations for a late-year rally in stocks. The violent rebound in stocks this month has caught many investors by surprise, judging by the amount of cash on the...