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"Short Covering Rally" Takes Over Trading & Gearing Up for Earnings Season

By Schwab Network April 08, 2026 Bullish
"Short Covering Rally" Takes Over Trading & Gearing Up for Earnings Season
@CharlesSchwab's Joe Mazzola believes there's more going on than short covering in Wednesday's trading action after the U.S. and Iran agreed to a two-week ceasefire. That said, he warns investors that a reversal of headlines will lead markets to sell off once again.
@CharlesSchwab's Joe Mazzola believes there's more going on than short covering in Wednesday's trading action after the U.S. and Iran agreed to a two-week ceasefire. That said, he warns investors that a reversal of headlines will lead markets to sell off once again.