Bulls To Be Tested In April

Stock-market bulls will face their own test in April as the market begins to see what the results are from the recent Obama plan implemented to get the U.S economy back on track and what the nations of the G-20 conference do to further help the sagging world financial economy.

Early March saw bottoms in all the major indexes.  Since then the Dow has risen by almost 20%.  March may have been the bottom of this bear market some analysts are now saying. Bulls are seeing signs of a gradual turn in the U.S. economy with stocks and the banking system that were not evident in other bounces during this bear market in the last 17 or so months.  Recent reports indicate home sales have exceeded expectations and this past Friday a report indicated that consumer spending rose 0.2% from January.

NEW YORK - DECEMBER 02:  Traders work on the f...
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Hundreds of billions of dollars of stimulus money is beginning to take effect.  Much of this will rely on the results of the stress tests for banks, which are expected to be completed in April. A passing grade for the banks would do much to restore confidence in the financial sector of the stock market. More talk of additional stimulus may create panic and negate much of the recent bounce. April will be a true test for the bulls recent bounce-back.

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