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By Bret Kenwell The S&P; 500 and Nasdaq bounced hard to end the first quarter, but are they due to lose more ground? It has not been easy to navigate the stock market this year. Not the S&P 500, not the Nasdaq and not individual stocks. Many individual names are in the midst of a bear market. For growth stocks, many names have fallen by 60% or more. For the broader indices, life hasn’t been easy for the bulls, either. Due to a two-day bounce in late January, the Nasdaq narrowly avoided its worst January in its 50-year history. In mid-March, the Nasdaq and S&P 500 were down 22.5% and 13.6% from…