If you’re among the many investors looking for a big downdraft in the market, should your revisit your thesis, after Wednesday’s price action?All 10 S&P 500 sectors traded higher, led by the energy, financial and technology sectors , all of which are tied to strong global demand.
In fact, energy had its best day since January, and financials put in its best day over the past 3 months.Technicals also changed. Bulls were able to push the broad S&P 500 index above 1284 - the 200-day moving average, a closely watched level.All told, those signals would suggest the market wants to march higher. However, the woes of Europe are far from resolved. Skeptics argue that the current gains are not sustainable and that only a fool would buy stocks now?What do you do?Page 1 of 5 | Next Page