A huge portion of markets is already pricing in a Recession. In some cases it's way overdone. I'm looking at some more energy earnings reports tonight the stocks are ridiculously cheap even though they've rebounded fairly well since the summer.
In bear markets stocks fall to unimaginable levels ---> In bull & bear markets, some stocks rise & fall to unimaginable levels AMZN rose very massively from $5 to 188 AMZN falls from $188 to 89 to ...
Cdn energy stocks are volatile enough to have presented several really good trading cycles since March 2020. They have outperformed international energy plays especially the junior and mid caps. We are in another nice trend up the last month or so. Earnings Q3 really, really good for most of them. Best kept secret in trading really from 2020-2021.
In the 2022 "bear market", here are the ytd performances of some of my energy plays. Remember, these firms did even better in 2021. ATH +135%, BTE +94%, CVE +77% ( large cap ), CR +113%