Will Stock Market Reprise 2020 Bottom? This Signal Looms Large

As the stock market extends its rebound, the S&P 500 and Nasdaq composite are showing some similarities to the 2020 Covid 19 bear market. Optimists see another V-shaped recovery developing. A study of other major market bottoms offers several key lessons. The S&P 500 has rallied back as much as 18% from the April 7 low. The one-month rebound is…