What a rally we had today. The Fed did what he had to do as usual. At first it seemed this rally had no legs, but in the end the Bulls won the day. The Dow, S&P 500, and Russell 2000 seem to be coming out of a double bottom chart pattern. Usually this means that higher prices will be here very soon. Remember that this bear market still here and we are just bouncing off oversold readings. However if investors decide to buy more, then we could be seeing the start of a new bull market. Only up volume will tell the whole story.
Tonight I decided to highlight a previous winner with good earnings. CSIQ is coming out of a triangle and may start it's way higher if the market helps it. Volume is key since it has been dropping the past couple of days. Buy point is now if the market can hold to it's recent gains.
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