There is only one thing to know about the market bounce. The Fed announced it is going to keep buying with “created” money.
--but the Fed's always announcing things, sometimes stocks go up, sometimes down, and sometimes they stay flat. Here's the Fed announcement website. Seriously, there was no 'buying' that the fed announced before the bounce that was all that different than before or since. In fact, we were joking about how this time Fed action has been replaced by Fed 'talk', or Verbal Easing that replaced Quantitive Easing.
...with created money.
What, you mean as apposed to some kind of organic "natural" type money?