Don't count on "V"-shaped recovery: strategist

The stock market's sharp rebound indicates investors are pricing in a quick, sharp economic recovery, says Chaikin Analytics's Dan Russo.

He says the volatility in the commodities markets shows that's not likely.

The stock market's sharp rebound shows investors are pricing in a quick, sharp economic recovery, says Chaikin Analytics's Dan Russo.

He says the volatility in the commodities markets show that's not likely.

The odds that the market will drop to re-test the March lows rise sharply if the S&P 500 were to drop below 2650, he added.