Big day for stocks

What's up with the market? I thought investors were heading for the hills, especially since we're entering the three months of the year when very bad things can happen to most any portfolio. As can be expected, there's no satisfactory explanation for Wall Street's activity (other than a few good earnings reports and a technically bullish change in the S&P 500 index's 20-day moving average - don't ask). Anyway, the Dow was up 208 points on the day, to 10,674. Enjoy it while you can.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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