Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

Before the Bell: Here comes the big relief rally Add to ...

Subscribers Only

The Before the Bell report is compiled by editors of The Globe and Mail and is updated throughout the morning to reflect latest developments. Colin Cieszynski, Chartered Financial Analyst and Chartered Market Technician, is chief market strategist with CMC Markets.

The market situation for U.S. traders returning from the Martin Luther King holiday has improved dramatically since last Friday. A big relief rally is now underway, suggesting that Friday’s panic selloff was a selling climax and with weak hands having been shaken out, the path appears to be clear for a rebound. The big question now is whether early gains can be sustained through the North American day to confirm the turnaround. 

Report Typo/Error

Follow us on Twitter: @GlobeInvestor


More Related to this Story

Next story