top of page

Bull or Bear Market?


Are we in a Bull or Bear Market?


In my opinion we have been in neither a bull or bear market but a period of re-pricing. Even though the technical definition of a bear market is met, the intra-day price action hasn't represented a bear market.


I believe we are moving towards bear market price action. The concept of gradually and then suddenly is represented here.


The Nasdaq can't handle many more 500 point down days though. It would take only 22 to take it to 0.


We do this sort of analysis to determine if we should take both long and short trades. Today is more in line with the type of day that we typically see in a bear market.

14 views0 comments

Recent Posts

See All

Live Trading System Signals on June 11, 2024

The One Million MNS was up +1.025% today in live trade and the 250K Portfolio was up $2,050. It was a turbulent start to the day and we were down almost -1% at the lows. We had a nice recovery to go u

Live Trading System Signals on June 10, 2024

The One Million MNS was up +0.975% today while the 250K Portfolio was up $1,950 on the day. The Stock Index Portfolio 18 was up +$2,910. The market continued to move higher today. The VIX was up and t

Comments


bottom of page