Is a market of stocks, not a stock market?
You can argue that there are several stocks that are working.
I profited on two stocks this month but weren't big profits.
Some say that is still a bear market, others that is already a bull market as the
IXIC already rallied 20% from its low.
I will just say that is an unhealthy market. This -8% drop in the
SPX wasn't a normal correction.
Just look at how corrections within bull markets behaved in the past, the % of stocks above their 50-day MA never crossed below 20%.
Sure you can find stocks going up, but they won't have the support of a bull market just yet.
I profited on two stocks this month but weren't big profits.
Some say that is still a bear market, others that is already a bull market as the
IXIC already rallied 20% from its low.I will just say that is an unhealthy market. This -8% drop in the
SPX wasn't a normal correction.Just look at how corrections within bull markets behaved in the past, the % of stocks above their 50-day MA never crossed below 20%.
Sure you can find stocks going up, but they won't have the support of a bull market just yet.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.