BIOS Stock: Has a Bull Market Begun Its Development?
I have good and bad news to share. Let's begin with the bad, and get it over with.
October was a terrible month for the stock market. The sell-off that struck the market has done such a degree of technical damage to the major market indices that I no longer believe a bull market is in development. Instead, I believe that the market is currently in the process of putting in a significant top.
Now that I've gotten that out of the way, let's focus on the good news.
Now that October is behind us, we have entered a season where stocks tend to outperform. This may seem like a contradictory statement, so let me explain..
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I have good and bad news to share. Let's begin with the bad, and get it over with.
October was a terrible month for the stock market. The sell-off that struck the market has done such a degree of technical damage to the major market indices that I no longer believe a bull market is in development. Instead, I believe that the market is currently in the process of putting in a significant top.
Now that I've gotten that out of the way, let's focus on the good news.
Now that October is behind us, we have entered a season where stocks tend to outperform. This may seem like a contradictory statement, so let me explain..
Den vollständigen Artikel lesen ...