You might want to get a recession first. Pretty rare that markets crash with GDP 4-6%, earnings still growing, money still cheap. Bonds are a horrible investment in a rising interest rate environment and the best GIC I can find pays 1.25%. For a "crash" to occur, you need people who like stocks to bail at a large loss out of panic. I don't see any reason for people to do so yet. Fortune will probably be bullish when the next US crash occurs. Most analysts and media types are often chasing the latest trend trying to pretend they were always in on it.
S&P500 pierced 50 week MA for the first time in almost exactly 2 years
- Thread starter taojaxx
- Start date
You might want to get a recession first. Pretty rare that markets crash with GDP 4-6%, earnings still growing, money still cheap. Bonds are a horrible investment in a rising interest rate environment and the best GIC I can find pays 1.25%. For a "crash" to occur, you need people who like stocks to bail at a large loss out of panic. I don't see any reason for people to do so yet. Fortune will probably be bullish when the next US crash occurs. Most analysts and media types are often chasing the latest trend trying to pretend they were always in on it.
Gee I wonder what happens to P/E when E goes up but P flatlines or corrects.
It's over dude. The bulls have lost this fight. The bears finally got their victory through capillary action.
Such a shame, because it is not WARRANTED. The Ukraine thing is NOT a catalyst, but everyone seems to think so!
The bull is slaughtered, and the bears are fattening up for the next winter on our blood. :-(
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Why 50, why not 52 week squiggly?
It was actually following week of 2/28/20 (numbers are off too) but who's keeping track.
Use 52 if you want;
SPY went below 50 week ma on my charts 1-24-2022, some name it 1-28-22 week. FEB seems to be a weak month for DOW anyway/Stock Traders Almanac......