Opinion: U.S. stock market has switched to bullish from bearish too quickly

in markets •  6 years ago 

The bear market appears to be over yet chasing at this point might be a bit risky.

Since the lows in December, the market rebounded more than 13%.

The quick rebound tends to signal that bear markets are over. It also says that the run is not going to take off. One can expect a pullback from here. This could be a buy the dip move for a while.

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Bull trap... Globally everything is slowing down and I don't think the US can stop that from effecting it's own markets.

Personally, I think part of the reason for the government shut down is to limit the data from government agencies showing that things are slowing. It will keep peoples hopes alive a little longer, but can't save it from going down.

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  ·  6 years ago Reveal Comment