Bonds outperforming stocks

Uncategorized, Weekly Update

Behind the New High Headlines? A Stealth Bear Market.


Published November 1, 2019

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In the parlance of technical analysis there are two possible explanations for major leaps upward in the stock market. The market is either beginning a new uptrend – a change in market character and trend called an “initiation climax”; or the last gasp of a tired uptrend where sellers have given up and the late buyers rule the day – an “exhaustion climax”. (more…)