The Dow opened down almost 500 points Wednesday before ending the trading session up over 200 points.
The reversal was largely due to Trump administration officials, like Larry Kudlow, coming out and calming the market's fear of a trade war with China.
This is the second straight day of gains for stocks. On Tuesday, the Dow rose almost 400 points after investors realized that the reaction they had on Monday was overblown.
On Monday the Dow fell 459 points - largely amid worries about trade but also President Trump's multiple tweets targeting Amazon (AMZN) . Amazon is a key stock in this market.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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