Those are your only two options. Say what you think. I'm talking about the major U.S. indexes, SPX, Dow, Naz. Seen the lows or lower lows coming, what say you?!?!?
According to Sell-in-May this half year until April should be bullish, so the lows should be already seen. But after May with a recession coming it is then again uncertain from now. But why do you need to know that ? For what kind of trading strategy ? Because it seems you ask this for investing purposes but this website is only for trading.
%% LOOKS like SPY+ UPRO have seen the HIGHS for along while\ cant even clear 200 dma in NOV most likely\ that's why i trimmed UPRO a bit + got into SPXS + SH related . SDOW / XLE hidden treasures is less clear so i took some day trades profit Not in exact VALE trends/ but good iron/ tin /metals trend
Damn, Vale up another 6% today. Everything I touch turns to gold, sooner or later. Just wished I had bought more.
Last month's high on the 10 year Treasury was 4.33% I think that high will be surpassed. Equities are still too expensive standing next to 5.00% treasuries.
%% Good / single stocks are meant to be traded smaller \ i always allowed a 50% gap against me in either direction with single stocks. Even though that 50% gap never happened, against me i knew it could \ cause it has happened in the past I like that ''OVercomer song '' \ song / 49 millions video views Chipmunk version is good also 25,000 video views
Ive said from day 1 that this bear market will have 2 phases. Phase 1 is the market dealing with higher rates. Phase 2 is the market dealing with lower earnings. We are now at the start of phase 2.