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Why This Analyst Isn't Convinced Rotation Into Cyclicals Is Over

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Markets rebounded yesterday following the tech selloff.

In intraday trading on Wednesday, the Dow was firmly up with the Nasdaq and S&P trailing. 

Stocks finished in the green on Tuesday following a rebound in the Nasdaq. The Nasdaq, helped by falling bond yields, soared 3.69% and moved back into positive territory for the year. It was the index's biggest gain in four months.

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS, weighs in on the markets.

Recap TheStreet Live: Everything Moving the Markets Wednesday

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