Obama Day 50: Stocks see biggest gains of 2009

Today, the Dow gained 379 points, Nasdaq surged 7% and the S&P 500 rallied 6.4%. Credit mainly goes to Citigroup and the possible limit on short selling. Citigroup cooled some worries about its wellbeing and regulators said they may reinstate a trading rule. That said, it's good news on the 50th day of the Obama presidency after the market had been dropping on fears of a worsening recession.

Republicans continue to bash Obama and the Democrat's stimulus plan without offering up any sound ideas of their own. They're quick to criticize Obama regarding the floundering economy and dropping stock market even though he has only been in office less than 2 months and the stimulus bill only recently passed. Most Americans view Obama positively and know it will take time for the economy to react.

Only time will tell who was on the right side of the debate in solving our country's economic crisis, but today was a good day among several bad ones.