Is this market recovery a 'dad cat bounce'?

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Dead Cat Bounce Berita

Market Upswing,Negative Territory,Positive Economic Data

Stocks (^DJI, ^IXIC, ^GSPC) have rebounded from last week's global sell-off that drove major indexes into negative territory. Recent positive economic data...

that drove major indexes into negative territory. Recent positive economic data and earnings reports have contributed to this market upswing. However, the question remains: Is this a genuine recovery or a temporary rally known as a"dead cat bounce"?Despite that sell off that we saw earlier last week stocks buoyed by recent econ data.

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