Epic rally
Stocks have bounced back so strongly that nearly every stock in the S&P 500 has rallied above its 10-day moving average. In a premium note, Troy shows that there have only been 5 other unique days with so many stocks above their short-term trends (2009-03-18, 2010-09-03, 2011-07-01, 2011-08-29, and 2011-10-14). One of them was a false start, while the other four led to mostly good gains going forward.
