Why The Dow's 1,300 Point Spike Doesn't Indicate A Bottom

David Dierking

After last week's 14% plunge in the Dow, Monday's monster rally was a welcome sight for investors shaken by the market's recent volatility. Digging down into specific sector performance, I'm not necessarily encouraged by where the biggest gains came from and I'm concerned that Monday's action suggests investors are still very much in risk-off mode.

In the video above, I take a look at how each of the 11 major sectors performed and why it could indicate that there's further downside ahead.

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