After yesterday’s big 490 point move higher for the Dow Jones Industrial Average to cap off a month of four 200+ point UP days to go along with four 200+ point DOWN days, it would appear that the stock market is settling into an extended period of heightened volatility.
Now entering the best two months of the year for equities, it seems unlikely that, over the near-term, we’ll get a repeat of the late-2008/early-2009 period that saw share prices plunge, but, that could set markets up for quite a tumble in the spring.
