Bonds outperforming stocks

Uncategorized, Weekly Update

Behind the New High Headlines? A Stealth Bear Market.

Published November 1, 2019


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…)