SPOT Stock: Looking Down into an Abyss
The current stock market environment is atrocious. The selling pressure that hit the major market indices in October has done its share of technical damage. The stocks that had been the pillars of support sustaining this bull market have begun to crumble.
That is one of the major reasons why I no longer believe that a bull market is now in development. Instead, I believe that we are in the process of putting in a significant market top.
Market tops are characterized by volatility, where the major market indices experience wild swings. These wild swings produce dramatic sell-offs and equally-as-impressive market rallies. These wild.
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The current stock market environment is atrocious. The selling pressure that hit the major market indices in October has done its share of technical damage. The stocks that had been the pillars of support sustaining this bull market have begun to crumble.
That is one of the major reasons why I no longer believe that a bull market is now in development. Instead, I believe that we are in the process of putting in a significant market top.
Market tops are characterized by volatility, where the major market indices experience wild swings. These wild swings produce dramatic sell-offs and equally-as-impressive market rallies. These wild.
Den vollständigen Artikel lesen ...