A two-day win streak, the highest close in more than a month, and no repeat of the crazy rollercoaster ride like the one investors saw Wednesday.

But the good news for bulls doesn't stop there. Not only did the Dow remain in positive territory for the entire session, the late push to 7924.56 means that the blue chip average is now up 21.04% from its 12-year closing low hit on March 9.

Yes, folks. Technically, the Dow is now considered to be in a bull market.

March came in like a lion, but with the Dow sporting a 12.2% gain for the month, we're heading out like a bull.

But let's be honest, OK? We're a long way from 6547.05, the close on March 9, but we're still down 44% from the record close hit on Oct. 9, 2007.

As I said earlier, it's encouraging to see the Dow rally without the financial sector lending a hand. While Hewlett-Packard ( HPQ), 3M ( MMM), Caterpillar ( CAT) and United Technologies ( UTX) were the top contributors to the Dow's upward movement, Citigroup ( C) and Bank of America ( BAC) were the only two components to finish with losses.

Looking ahead to Friday, the earnings docket is practically empty and the economic releases include only a report on personal income and spending as well as the University of Michigan's consumer sentiment index. And with no Senate committee hearings scheduled, we might actually have a quiet end to a very busy week.

(At 3:48 p.m. EDT)

To take a line from CNBC, we're now in the most important 15 minutes of the trading day, and the Dow is fighting to hold onto the 7900 level.

If you liked this article you might like

How to Make Your Life Successful Just Like Billionaire Warren Buffett

How to Eat Lunch With Billionaire Warren Buffett

Fed Pares $4.5 Trillion Balance Sheet But Easy-Money Era Isn't Over

Bank Stocks Move Higher as Fed Decides to Start Unwinding Balance Sheet

How to Invest Like Billionaire Warren Buffett