NEW YORK (TheStreet) -- U.S. stocks on Monday fumbled around like a frat boy after last call, seeking a solid foundation to rest and reassess the situation before continuing the walk-of-shame home.
Stocks spent the first half of the day holding tepid gains before testing participants' resolve with a late day test of intraday lows, followed by an impressive snapback closer toward the days' highs. Some might call that whiplash.
With last week's selling pressure as backdrop, some cooler-headed cashtaggers waded into the fray today with some data points to suggest that things might not be as bad as they seem. First, Ryan Detrick shared this little nugget that gives credence to the idea of a highly probable end-of-month rally:
Second, while stocks were in the middle of their late-day test of the lows, J.C. Parets shared this chart that highlights some strong support for those with a time-frame longer than a nanosecond:
And lastly, our friends at DarvasTrader.com point out a big fat round number that has been a short-term godsend for the beleaguered tech sector: