When the market turns around at the tail end of the day with no apparent good news it is because it is technically oversold and due for a bounce or the invisible hand of the FED and Treasury are out buying futures on the markets indexes.
The next stage of the bear market commences soon and PBR will see lower prices. Buying on the way down is for the uninformed dip buying crowd.
Yes it is oversold hence the buying will begin! The bear market is over in case you just woke up from a deep sleep! (1)Positive GNP (2)Companies beating expectations (3)great christmas sales expected (4)gradual reduction in unemployment! Go back to sleep! Good night!