Santoli’s Thursday market notes: Stocks must prove this isn’t a reflex bounce – CNBC

A trader works on the floor of the NYSE American Options market at the New York Stock Exchange, April 16, 2018.

Brendan McDermid | Reuters

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.

  • A three-day run higher out of the “hole,” reflecting a blend of oversold conditions and some relief after a couple of key pressure points ease ⁠— energy/supply chain stress and debt-limit overhang.