CELG Stock: A Bear Market in Development
If you are having a difficult time with the current market conditions, I have bad news to share. It is difficult for me because I do not like to be the bearer of bad news, but I am still going to give it to you straight: Aside from a year-end rally, I do not believe that things are going to get any better next year. If anything, things are poised to get a lot worse.
The reason why my outlook is so grim is because I believe we are in the early innings of a bear market. As a matter of fact, I firmly believe that the market is in the process of putting in a significant top. Once this top is completed, it will confirm that the bullish trend.
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If you are having a difficult time with the current market conditions, I have bad news to share. It is difficult for me because I do not like to be the bearer of bad news, but I am still going to give it to you straight: Aside from a year-end rally, I do not believe that things are going to get any better next year. If anything, things are poised to get a lot worse.
The reason why my outlook is so grim is because I believe we are in the early innings of a bear market. As a matter of fact, I firmly believe that the market is in the process of putting in a significant top. Once this top is completed, it will confirm that the bullish trend.
Den vollständigen Artikel lesen ...