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We hope you got some rest over the weekend, because US equities are already off to another tumultuous start this week. 

After entering a correction last week, but then hitting a year-to-date high on Friday, the S&P 500 whipsawed today. At 2:30 pm ET it had managed to get back into the green, trading 1% higher. 

The Nasdaq Composite was also faring pretty well, trading 0.8% higher at that time. 

With recession fears mounting (and signals flashing), it begs the question: Have US stocks bottomed? 

The data (mostly) says no. Let’s take a look: 

The VIX is hovering around… Read more on Blockworks