Bulls haven’t had much to applaud so far this year, but on Thursday the Nasdaq scored its first 2016 gain in rising volume. The Nasdaq shook off an early 1.2% loss and reversed to a 2% climb. The S&P 500 and the Dow Jones industrial average added 1.7% and 1.4%, respectively. The IBD 50 advanced 1.6%. Volume rose across the board. Considering the sharp daily losses so far this year, a relief rally was perhaps overdue.