Biggest Month in Nine Years For Market

News from the tea leaf readers from the land of smoke and mirrors:

April was Wall Street's best month in nine years, offering some of the most powerful evidence yet that maybe, just maybe, the economy is about to begin a turnaround.

In downturns over the past 60 years, the S&P hit bottom an average of four months before a recession ended and about nine months before unemployment hit its peak.

Looking for a summer trough, they say. Considering Wall St's track record for predicting anything, I'm not holding my breath.

Will the Right concede any congratulations for averting the Bush economic death spiral?

Source: HuffPo