Would markets double-dip?

zdreg said:
What do you trade that makes you think we already are not in a bear market?
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You can't declare a bear market based on your emotions. There is no objective measure that signals we are in a bear market. In fact, the evidence suggests a new bull market began in March 2020 and we just had a healthy correction. Most of what I trade is on the TSX which is 3% off ATHs. Many of my energy stocks are trending up some at new 52 week highs. Cdn banks are close to 52 week highs ( I'm not trading those ). The miners I trade all corrected a long time ago and if anything are trending up now. I just started wading into US big caps that are posting some nice numbers and likely trend up from last weeks lows.

But if this is a bear market in your books I'm fine you do your thing.
 
Nine_Ender said:
You can't declare a bear market based on your emotions. There is no objective measure that signals we are in a bear market. In fact, the evidence suggests a new bull market began in March 2020 and we just had a healthy correction. Most of what I trade is on the TSX which is 3% off ATHs. Many of my energy stocks are trending up some at new 52 week highs. Cdn banks are close to 52 week highs ( I'm not trading those ). The miners I trade all corrected a long time ago and if anything are trending up now. I just started wading into US big caps that are posting some nice numbers and likely trend up from last weeks lows.

But if this is a bear market in your books I'm fine you do your thing.
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You trade mostly TSX and some penny stocks. I would surmise that your view of what indicates a bullish overall market is also way off benchmark.
 
xandman said:
You trade mostly TSX and some penny stocks. I would surmise that your view of what indicates a bullish overall market is also way off benchmark.
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I found this on Google :

"One generally accepted measure of a bear market is a price decline of 20% or more over at least a two-month period." The Nasdaq hasn't even met this standard yet. SPX, TSX not even close.
 
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Nine_Ender said:
Zero chance of a bear market this year for reasons already posted numerous times.
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%%
MOST likely you are right, but bear move is entirely different critter. MSFT has had one clean close + another move below 200 day moving average.
SPXL,UPRO has closed more than that below 200dma, but many hate charts,+ LOVE TO buy every month mllionaires, so have to consider that/LOL:D:D
 
murray t turtle said:
%%
MOST likely you are right, but bear move is entirely different critter. MSFT has had one clean close + another move below 200 day moving average.
SPXL,UPRO has closed more than that below 200dma, but many hate charts,+ LOVE TO buy every month mllionaires, so have to consider that/LOL:D:D
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It's not about being right it's just a statement of reality we aren't in a bear market by any normal definition.
 
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xandman said:
You trade mostly TSX and some penny stocks. I would surmise that your view of what indicates a bullish overall market is also way off benchmark.
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I don't really trade penny stocks much ( have 2 ) but the mid caps I like some of them were technically penny stocks after the Covid crash.
 
Sekiyo said:
ES isn’t bearish … it’s stage 3
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I can't ignore this monthly chart
upload_2022-2-3_18-22-28.png
 
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